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.
lcolea (Córdoba), Andújar (Jaén) and Rivas Vaciamadrid (Madrid
Sector
Manufacturing Manufacture Of Food And Beverage Manufacture Of Food Products 10.41 - Manufacture of oils and fats
95 jobs Number of planned job losses
Announcement Date
26 January 2017
Employment effect (start)
Foreseen end date
Description
The governing board of Deoleo, the company in charge of manufacturing olive oil for Koipesol and Carbonell, has approved an employment adjustment plan that will affect 95 workers in the plants of Alcolea (Córdoba), Andújar (Jaén) and Rivas Vaciamadrid (Madrid). This figure represents 14% of its entire workforce in Spain. The measure is taken as a consequence of productivity reasons. The company explains that it is taking some measures to adapt the structure of the company, including an investment plan and a strategy to rationalise costs and improve competitiveness. In the coming days, a negotiation process to discuss the measure with the trade unions will be opened.
Sources
26 January 2017: Expansión
Citation
Eurofound (2017), Deoleo, Internal restructuring in Spain, factsheet number 90169, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/90169.
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