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 Of Rubber And Plastic Products And Other Non-Metallic Mineral Products Manufacture Of Rubber And Plastic Products 22.22 - Manufacture of plastic packing goods
139 jobs Number of planned job losses
Announcement Date
23 July 2007
Employment effect (start)
3 September 2007
Foreseen end date
31 December 2007
Description
Autobar Packaging France, a firm that manufactures packaging products, are to cut 139 jobs in its Soustons and Mont-de-Marsan plants in the South of France between September and December 2007. This was announced by the firm's Chief Executive Officer (CEO) to the firm's works council on 23rd July 2007. The CEO explained that strong global competition was the cause of the financial difficulties and poor profitability of the two factories.
Autobar Packaging manufactures and sells a range of packaging products for use in the food, drink, health, and home and personal care sectors.
Sources
1 August 2007: Sud Ouest
26 July 2007: Sud Ouest
25 July 2007: Le Progrès
Citation
Eurofound (2007), Autobar Packaging France, Internal restructuring in France, factsheet number 65650, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65650.
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