Type
Internal restructuring
Country
Spain
Region
Noroeste; Cantabria;
Location of affected unit(s)
Torrelavega
Sector
Utilities
Electricity, Gas, Steam And Air Conditioning Supply
Electricity, Gas, Steam And Air Conditioning Supply
35.2 - Manufacture of gas; distribution of gaseous fuels through mains

114 jobs
Number of planned job losses
Job loss
Announcement Date
2 February 2006
Employment effect (start)
Foreseen end date

Description

The company Sniace is specialised in the manufacture of chemical products and is based in Torrelavega (Cantabria, Spain). On 2 February 2006 the company has agreed with the labour representatives on a job reduction plan concerning 114 redundancies, a 16% of its workforce.


Sources

Citation

Eurofound (2006), Sniace, Internal restructuring in Spain, factsheet number 62892, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62892.