Restructuring events
European Restructuring Monitor (ERM)
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.
The company Treves, SL, Citroën's auxiliary firm, put forward the idea of closing one of the two plants it has in Pontevedra before the company's Works Council. The plant employs 133 persons, 129 of which are women, with an average staff seniority of nine years. The news of a definitive Redundancy Procedure was "totally unexpected" for the staff, according to that highlighted by the regional representative of the UGT (General Workers' Union), Ramón Vidal. The unions attribute the French company's move to a strategy of delocalisation that would displace the current production to its plants in Morocco or Portugal.
Eurofound (2009), Treves, Offshoring/Delocalisation in Spain, factsheet number 69320, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/69320.