Type
Bankruptcy
Country
France
Region
Départements d\'Outre-Mer; Réunion;
Location of affected unit(s)
Sector
Wholesale / Retail
Retail trade
Retail sale of motor vehicles, motorcycles and related parts and accessories
47.8 - Retail sale of motor vehicles, motorcycles and related parts and accessories

104 jobs
Number of planned job losses
Job loss
Announcement Date
20 January 2011
Employment effect (start)
1 February 2011
Foreseen end date
31 May 2011

Description

Citroën, which has been in receivership since the end of 2010, has been taken over by the CFAO group. The international car distributor plans to reduce Citroen's workforce by 104 employees.


Sources

Citation

Eurofound (2011), Foucque, Bankruptcy in France, factsheet number 71488, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/71488.