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.
Construction Specialised Construction Activities Specialised Construction Activities 43.29 - Other construction installation
200 - 220 jobs Number of planned job losses
Announcement Date
24 October 2014
Employment effect (start)
1 April 2015
Foreseen end date
31 December 2015
Description
Siniat, a subsidiary of the international Belgian group Etex, has announced to its central works council plans to cut about 200 jobs on a total workorce of 1,200 employees. As reported, the restructuring plan envisages the closure of three out of its six insulation material manufacturing plants between April and June 2015, inluding the site at Chateau-Gontier (Mayenne) that employs 30 people.
The manufacturer of plaster-based materials, products and construction systems has already started an information and consultation process that will end by January 2015, with the aim to find alternative measures such as redeployment of the affected staff and posiible buyers to take over the sites.
Sources
21 November 2014: La Provence
24 October 2014: Haut-Anjou
28 October 2014: Ouest-France
Citation
Eurofound (2014), Siniat, Closure in France, factsheet number 77842, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77842.
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