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.
Cataluña (en Cervera), Navarra, Galicia, Castilla y León, Castilla La Mancha, Extremadura and Andalusia
Sector
Manufacturing Manufacture Of Rubber And Plastic Products And Other Non-Metallic Mineral Products Manufacture Of Other Non-Metallic Mineral Products 23.61 - Manufacture of concrete products for construction purposes
194 jobs Number of planned job losses
Announcement Date
12 July 2012
Employment effect (start)
12 July 2012
Foreseen end date
Description
Precon, a company specialised in the manufacture of concrete, will apply for a Redundancy Procedure affecting 194 employees (31.5% of its entire workforce). The measure is blamed on a drop in the turnover by 65% since the beginning of the crisis.
The company has been implementing an information and consultation process with the employee's representatives since the 27th of June.
Sources
12 July 2012: El País
Citation
Eurofound (2012), Precon, Internal restructuring in Spain, factsheet number 73879, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73879.
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