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 Of Rubber And Plastic Products And Other Non-Metallic Mineral Products Manufacture Of Rubber And Plastic Products 22.21 - Manufacture of plastic plates, sheets, tubes and profiles
120 jobs Number of planned job losses
Announcement Date
26 April 2017
Employment effect (start)
1 June 2017
Foreseen end date
31 December 2017
Description
The automotive supplier Nobel Plastiques has announced a restructuring plan, affecting 120 workers in the production department, for its plant located in Vitry-le-François (Marne) that employs 277 employees. The plant is specialised in the transfer of fluids, the manufacture of tubes and components for the automotive sector. It has realised a turnover of €40 million in 2016.
The management wants to decrease the workforce through a social plan which was announced on May 2. According to the plan, 40 positions will be cut in 2017 and 80 in 2018. To explain the decision, the company states that it is "confronted with the competition of countries with lower labour force for several years and the purchasing policies of car manufacturers". Nobel Plastiques, a subsidiary of the Turkish group Orhan, promises to support employees towards a replacement either internally or externally, proposing "a complete and coherent mechanism for return to employment", as well as "constructive social dialogue". In 2013, already 200 positions have been cut in the plant.
Sources
25 April 2017: L'union
5 May 2017: Plastiques caoutchoucs magazine
Citation
Eurofound (2017), Nobel Plastiques, Internal restructuring in France, factsheet number 90942, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/90942.
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