Restructuring events
European Restructuring Monitor (ERM)
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.
The Spanish vehicle manufacturer Ebro is re-incoporating 100 jobs at the re-industrialized former Nissan Barcelona Plant in November 2024. The company is starting production of its S700 and S800 medium-size SUV models with combustion and plug-in hybrid PHEV engines (both of which be manufactured under a shared platform and technology with the Chinese car manufacturing Chery).
This development is due to the agreement Ebro made with the Chinese automotive company Chery last 19 Abril 2024. Additional shifts in the spring and summer of 2025 are projected, potentially culminating in approximately 300 job opportunities, with a target of producing 15,000 car units of both models in 2025. Meanwhile, it is expected that the manufacturing of the Omoda 5 car will be postponed until 2025.
The main goal, according to Ebro company, is to secure employment for those who have received training through a special fund (“bolsa de reindustrialización”) – which was established following the closure of the Nissan plant in Barcelona's Zona Franca – an are now employed under “training contracts”.
Updated, 26th September 2024: On 25 September 2024, representatives of Ebro Factory met with the unions to negotiate the conditions of reinstatement of 507 former workers, of the Japanese multinational Nissan, which had a plant in the same facilities, and who have been on training contracts for months after their unemployment benefits ended and still without the new reindustrialisation project underway. According to the agreement reached in November 2024, these contracts must become permanent on 1 October 2024 with a salary of the metalworking agreement plus 20%, that is, above EUR 31,000 gross per year. Ebro proposed to the unions to continue with the training contracts but the unions responded that the proposal, ten days before the execution of the agreement, was intolerable, unacceptable and disrespectful. Ebro then showed itself willing to comply with what had been agreed but pointed out that the point of greatest friction would be that of working hours.
Eurofound (2024), Ebro, Business expansion in Spain, factsheet number 201570, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/201570.
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