Restructuring events
European Restructuring Monitor (ERM)
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.
Yamaha Motor, a Japanese vehicle manufacturer, closes its Spanish production plant in Barcelona and moves its scooter production to Saint-Quentin (France). The relocation creates 100 jobs in France, but will make 500 jobs in Spain redundant. A timeline for the restructuring has yet to be announced.
With the decision to relocate the production of its popular scooters 250 X-Max and 125 X-MAX, Yamaha Motor finalizes a long decision making process about the preferred production site (see factsheet 16741). A French spokesman of Yamaha Motor explained the relocation with better expansion possibilities in France and a below par production quality in the Spanish plant.
Eurofound (2012), Yamaha Motor, Offshoring/Delocalisation in European Union, factsheet number 73761, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/73761.