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.
Manufacturing Manufacture Of Rubber And Plastic Products And Other Non-Metallic Mineral Products Manufacture Of Other Non-Metallic Mineral Products 23.51 - Manufacture of cement
151 jobs Number of planned job losses
Announcement Date
28 December 2011
Employment effect (start)
Foreseen end date
Description
Swiss supplier of cement and aggregates Holcim intends to apply for a redundancy procedure affecting 151 of its 352 workers in Jaén and Granada. The management has already informed the trade unions about its intention to close 50% to 60% of its 56 concrete plants.
The measure is blamed on the slowdown in the construction sector. Negotiations on the social plan are ongoing.There is no timeline provided for the restructuring.
Sources
28 December 2011: El País
Citation
Eurofound (2011), Holcim, Internal restructuring in Spain, factsheet number 73358, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73358.
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