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 For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.32 - Manufacture of other parts and accessories for motor vehicles
270 jobs Number of planned job losses
Announcement Date
31 October 2013
Employment effect (start)
1 November 2013
Foreseen end date
8 November 2013
Description
On 31 October 2013, automotive supplier Heuliez closed its doors and dismissed 270 employees in Cerizay (Deux-Sèvres). This follows a decision of Niort commercial court on the previous day.
15 staff were taken over by a new company created by the regional public authorities. This is to maintain the site and production tools, keeping the company attractive for potential buyer Cosmos XXI. In case of a take-over, 200 to 250 jobs in Cerizay could be reestablished.
Dismissed workers are to receive a compensation of EUR 10,000.
In 2009, the then troubled company had merged with Bernard Krief Consulting, leading to the dismissal of 474 staff. Employment in Cerizay peaked at 3,200 in 2005.
Sources
4 November 2013: Les Echos
31 October 2013: Les Echos
Citation
Eurofound (2013), Heuliez, Bankruptcy in France, factsheet number 76126, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76126.
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