Zehnder-Acova

Type
Internal restructuring
Country
France
Region
Hauts-de-France; Picardie; Aisne
Location of affected unit(s)
Vaux-Andigny
Sector
Manufacturing
(26 - 27) Manufacture of electrical, electronic and optical products
27 - Manufacture of electrical equipment
27 - Manufacture of electrical equipment
129 jobs
Number of planned job losses
Job loss
Announcement Date
18 February 2005
Employment effect (start)
Foreseen end date

Description

Zehnder-Acova will suppress 119 jobs out of 412 in its Vaux-Andigny manufacture, specialised in electric heaters. The management wants to redevelop its exportation strategy because of a French market saturated, and a decrease of the production due to strong eastern competition.

Sources

  • 18 February 2005: Les Echos

Citation

Eurofound (2005), Zehnder-Acova, Internal restructuring in France, factsheet number 61231, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61231.