Fermoba

Type
Bankruptcy
Country
France
Region
Grand Est; Lorraine;
Location of affected unit(s)
Annezin (Pas-de-Calais), Petit-Réderching (Moselle), Lorraine
Sector
Manufacturing
(16 - 17) Manufacture of wood and paper materials
16 - 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
Job loss
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://apps.eurofound.europa.eu/restructuring-events/detail/72961.