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 For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.3 - Manufacture of parts and accessories for motor vehicles
New offshoring locations
Hungary
177 - 184 jobs Number of planned job losses
Announcement Date
8 June 2006
Employment effect (start)
Foreseen end date
29 December 2006
Description
The French group 'Le Bélier' has decided to cut between 177 and 184 jobs in its single French factory in the South-west of France before January 2007. Fonderies et Ateliers du Bélier (FAB)transforms metals for the automobile industry in Vérac (663 employees). The group, with factories in South America and South-east Asia, has announced that its metallurgical activities of automobile subcontracting will be produced in Hungary. The trade unions have disputed this decision (delocalisation) and wanted that the activity is maintained in South-west France.
Sources
15 June 2006: Sud Ouest
Citation
Eurofound (2006), Fonderies et Ateliers du Bélier (FAB), Offshoring/Delocalisation in France, factsheet number 63631, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63631.
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