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.
Retail Retail Trade, Except Of Motor Vehicles And Motorcycles Retail Trade, Except Of Motor Vehicles And Motorcycles 47 - Retail trade, except of motor vehicles and motorcycles
100 jobs Number of planned job losses
Announcement Date
17 April 2009
Employment effect (start)
1 June 2009
Foreseen end date
30 November 2009
Description
Menaje del Hogar, a company specialized in the retail of electrical appliances, planned the presentation of a Redundancy Dismissal Procedure (ERE) that will affect around 100 workers, which represents around 16% of a staff base of more than 600 workers. The company, a subsidiary of the British company Kesa Electrical, has a network of 45 stores in Spain and 21 in Portugal. According to Kesa Electrical the Spanish market continues to endure the worst commercial conditions in Europe, which has resulted in a "significant" fall in sales.
Eurofound (2009), Menaje del Hogar, Internal restructuring in Spain, factsheet number 68786, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68786.
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