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
100 - 200 jobs Number of planned job losses
Announcement Date
29 November 2006
Employment effect (start)
1 January 2007
Foreseen end date
31 December 2008
Description
The Italian group Maflow, specialised in manufacturing flexible devices and circuits of air-conditioning for motor vehicles, announced on 29 November 2006 that Maflow France will cut between 100 and 200 jobs. The job cuts are expected to take place between January 2007 and December 2008. Maflow France currently employs 420 worker in its factory in Chartres (Eure and Loire). Renault and Peugeot SA are among Maflow's main clients. The sales of cars have fallen in the last months and manufacturers do not expect an increase again in the near future.
As a result of this, Maflow France has made the decision to cut 100 jobs in 2007 and 100 more in 2008.
Sources
30 November 2006: Les Echos
Citation
Eurofound (2006), Maflow France, Internal restructuring in France, factsheet number 64530, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64530.
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