Type
Internal restructuring
Country
Spain
Region
Noreste; PaĆ­s Vasco; Vizcaya
Location of affected unit(s)
Trapagaran
Sector
Manufacturing
Manufacture Of Basic Metal And Fabricated Metal Products
Manufacture Of Basic Metals
24.1 - Manufacture of basic iron and steel and of ferro-alloys

56 jobs
Number of planned job losses
Job loss
Announcement Date
3 November 2011
Employment effect (start)
Foreseen end date

Description

The steel manufacture enterprise Nervacero will apply for a Redundancy Procedure affecting 56 employees (14% of its entire workforce). Negotiations with the employee's representatives are still in course. According to the enterprise, some pre-agreements have already been achieved relating to early-retirement and outsourcing plans.


Sources

  • 3 November 2011: El Correo

Citation

Eurofound (2011), Navacero, Internal restructuring in Spain, factsheet number 72674, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/72674.