The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture Of Basic Metal And Fabricated Metal Products Manufacture Of Basic Metals 24 - Manufacture of basic metals
181 jobs Number of planned job losses
Announcement Date
16 July 2004
Employment effect (start)
Foreseen end date
Description
Despite a former restructuring plan initiated in 2003 and concerning 156 employees, les Etablissements Gantois, one of the first world units of manufacture of fabrics and metal cloths now employing 800, has filed for bankruptcy in July 2004.
Late November 2004, management announced that 181 jobs in Saint-Dié would go in the following weeks. Uncertainty concerning a closure of Saint-Dié and Monthureux-sur-Saône units remains.
Sources
16 July 2004: Les Echos
28 October 2004: Les Echos
Citation
Eurofound (2004), Etablissements Gantois, Internal restructuring in France, factsheet number 60607, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60607.
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