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 Manufacturing Of Machinery And Equipment Manufacture Of Machinery And Equipment N.E.C. 28 - Manufacture of machinery and equipment n.e.c.
145 jobs Number of planned job losses
Announcement Date
11 May 2006
Employment effect (start)
Foreseen end date
Description
On May 2006, Swiss agricultural machinery maker Bucher Industries AG (BUCN.EB) said it plans to restructure its operations in France, in order to stem the high losses at its Kuhn-Nodet unit. The company said it is looking at the relocation of the production of Kuhn-Nodet in Montereau (145 employment) to other French plants, and the shutdown of the Montereau facility. Bucher said it cannot determine the restructuring costs until the negotiations with the employee representatives have been completed, which is expected to take several months.
Sources
Citation
Eurofound (2006), Kuhn Nodet Montereau, Relocation in France, factsheet number 63529, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63529.
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