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 Other Non-Metallic Mineral Products 23.41 - Manufacture of ceramic household and ornamental articles
European Globalisation Fund (EGF)
Year: 2010, Case number: 05
231 jobs Number of planned job losses
Announcement Date
24 June 2009
Employment effect (start)
1 September 2009
Foreseen end date
31 December 2009
Description
The Levantina group, a manufacturer of decorative stones and marble located in Novelda (Alicante), plans to launch a job reduction plan (Expediente de Regulacion de Empleo in Spanish, ERE) which will involve the loss of 154 jobs in its production plants and another 77 jobs in administrative functions and sales. The company blames the redundancies on the notable decrease in sales in the first four-month period of 2009 and aims at adjusting its production capacity and cut production costs.
The company has 1,600 employees - 1,200 production jobs and 400 jobs in sales and adminstration-related functions.
Eurofound (2009), Levantina, Internal restructuring in Spain, factsheet number 69130, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69130.
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