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 Basic Metal And Fabricated Metal Products Manufacture Of Basic Metals 24.20 - Manufacture of tubes, pipes, hollow profiles and related fittings, of steel
86 jobs Number of planned job losses
Announcement Date
22 January 2018
Employment effect (start)
1 February 2018
Foreseen end date
28 February 2023
Description
The management of the Salzgitter Mannesmann factory located in Vitry-le-François (Marne) has announced a reorganisation plan that provides for an investment plan of €15 million accompanied by a workforce adjustment. Until 2013, the site was the largest private employer in the area with 483 employees. The site currently employs 360 employees. Within 5 years, only 274 will remain. The site is specialized in the manufacture of metal tubes, particularly for the automotive sector. The investment plan is complemented by a voluntary departure plan to cut 86 positions.
Sources
23 January 2018: L'union
Citation
Eurofound (2018), Salzgitter Mannesmann Précision Etirage, Internal restructuring in France, factsheet number 93179, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/93179.
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