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
260 jobs Number of planned job losses
Announcement Date
4 April 2007
Employment effect (start)
31 July 2007
Foreseen end date
31 December 2009
Description
Valeo, the automotive equipment supplier, announced on 4 April 2007 a restructuring programme affecting its factory in Nogent le Rotrou, in Eure et Loir. The company is planning to cut 260 jobs between July 2007 and December 2009, as it was announced at a meeting with the work's council. Valeo currently employs 800 people in Nogent le Rotrou.
Sources
5 April 2007: Ouest France
Citation
Eurofound (2007), Valeo, Internal restructuring in France, factsheet number 65209, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65209.
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