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.
Wittenheim, Strasbourg, Belfort, Colmar, Épinal, Lille
Sector
Wholesale / Retail Retail trade Retail sale of other household equipment 47.54 - Retail sale of electrical household appliances
112 jobs Number of planned job losses
Announcement Date
27 March 2025
Employment effect (start)
27 March 2025
Foreseen end date
27 March 2025
Description
The electrical equipment distributor Electis is placed in receivership. The commercial chamber of the Mulhouse District Court ordered the receivership of Electis, located in Wittenheim (Haut-Rhin), near Mulhouse. The company is now insolvent, to the point of ceasing all operations, which puts an end to its 40 years of activity. This liquidation is also linked to increased market competition and the higher prices of raw materials. In 2023, Electis made a turnover of 48 million euros.
This court decision results in the redundancy of 112 employees spread across the six Electis agencies.
Eurofound (2025), Electis, Bankruptcy in France, factsheet number 202641, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/202641.
Digitisation and automation technologies, including artificial intelligence (AI), can affect working conditions in a variety of ways and their use in the workplace raises a host of new ethical concerns.
The retail banking sector is fertile ground for studying the impacts of digitalisation on work and employment. Financial services are increasingly provided online, without the intermediary of customer-facing institutions.
European labour markets have recovered strongly from COVID-19. By the end of 2021, little more than 18 months after the start of the pandemic, employment rates in the EU were almost at pre-crisis levels.
