Essef Décors Muraux

Type
Internal restructuring
Country
France
Region
Hauts-de-France; Picardie; Oise
Location of affected unit(s)
Balagny-sur-Thérain
Sector
Manufacturing
(16 - 17) Manufacture of wood and paper materials
17 - Manufacture of paper and paper products
17 - Manufacture of paper and paper products
71 jobs
Number of planned job losses
Job loss
Announcement Date
15 September 2004
Employment effect (start)
Foreseen end date

Description

Essef Décors Muraux, manufacturer of wallpaper, will shed 71 of its 224 employees on its site of Balagny-sur-Thérain (Oise). The company is suffering from the general drop of consumption of wallpapers, due to the growing success of new paints. The company's turnover passed from € 43 million in 1995 to € 21 million in 2003.

Sources

  • 15 September 2004: Les Echos

Citation

Eurofound (2004), Essef Décors Muraux, Internal restructuring in France, factsheet number 60622, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60622.