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.
(10 - 33) Manufacturing (22 - 23) Manufacture of rubber, plastic and non-metallic minerals 23 - Manufacture of other non-metallic mineral products 23 - Manufacture of other non-metallic mineral products
135 jobs Number of planned job losses
Announcement Date
16 March 2009
Employment effect (start)
4 May 2009
Foreseen end date
1 October 2009
Description
The lens manufacturer Indo International, has reported that it has presented an ERE (Redundancy Dismissal Procedure) to the labour authority for the termination of the employment contracts of 135 of its employees in Spain, for reasons related to the economy, productivity, and organization. This process will affect the centres in Sant Cugat del Vallès, Palau de Plegamans, Alcobendas, Seville, the Canary Islands, Malaga, Bilbao and Murcia.
This measure also includes the shutting down of centres in Malaga, Bilbao and Murcia.
In 2008, Indo relocated part of its production. See:
http://www.eurofound.europa.eu/emcc/erm/factsheets/11367
Eurofound (2009), Indo, Internal restructuring in Spain, factsheet number 68553, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/68553.
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