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.
Annezin (Pas-de-Calais), Petit-Réderching (Moselle) and several sites in Lorraine
Sector
Manufacturing Manufacture Of Wood And Paper Materials Manufacture Of Wood And Of Products Of Wood And Cork, Except Furniture; Manufacture Of Articles Of Straw And Plaiting Materials 16 - Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
390 jobs Number of planned job losses
Announcement Date
3 January 2012
Employment effect (start)
15 December 2011
Foreseen end date
31 January 2012
Description
The group Fermoba, a window manufacturer, will cut 390 jobs after having been put into liquidation last December.
The Commercial Court of Troyes announced a partial take-over of the activities, which will save 80 of the original 470 jobs. Three former associates will partially take over the production site of Annezin (Pas-de-Calais) and 16 agencies of its commercial network. The production plant of Petit-Réderching (Moselle), that employed 61 people, will be liquidated. Additionally, the new management has revised the operational planning: on average, 50 windows will be produced per day while the group was originally set to produce 500.
Sources
16 January 2012: Le Républicain Lorrain
3 January 2012: L'usine Nouvelle
Citation
Eurofound (2012), Fermoba, Bankruptcy in France, factsheet number 72961, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/72961.
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