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Save jobs at Moulinex-Brandt

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25 September, 2001French metalworkers' union stresses importance of maintaining France's electrical appliance industry.

FRANCE: On September 25, several potential buyers submitted offers to take over the financially-troubled French electrical household appliance company Moulinex, which forms part of the Moulinex-Brandt group. As for Brandt, a memorandum of understanding is presently being finalised with its creditor banks.
The IMF's French affiliate FGMM-CFDT (Fédération Générale des Mines et de la Métallurgie) says it is working with the unions at both Moulinex and Brandt to set demands with regard to safeguarding jobs and production in this sector. They stress the importance of rapidly restarting production at Moulinex-Brandt plants which have been temporarily shutdown.
In April of this year, Moulinex-Brandt announced major restructuring plans, with 4,000 job cuts worldwide, of which 1,500 were in France.