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
108 jobs Number of planned job losses
Announcement Date
12 February 2009
Employment effect (start)
12 February 2009
Foreseen end date
Description
Saint-Jean Industries-Lyon, a manufacturer of aluminium parts for motor vehicles, is to close its plant in Vénissieux with the loss of 108 jobs. The company was put into receivership in mid-Jan 2009. The closure is due to the crisis hitting hard the car industry and the decision of Renault Trucks to stop being supplied by Saint-Jean Industries-Lyon and order parts from India instead.
Sources
14 February 2009: Agence France Presse
17 February 2009: Les Echos
Citation
Eurofound (2009), Saint-Jean Industries-Lyon, Bankruptcy in France, factsheet number 69099, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69099.
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