Ippokambos

Type
Closure
Country
Greece
Region
Attiki; Attiki;
Location of affected unit(s)
Sector
Manufacturing
(29 - 30) Manufacture for transport equipment
30 - Manufacture of other transport equipment
30 - Manufacture of other transport equipment
296 jobs
Number of planned job losses
Job loss
Announcement Date
15 July 2003
Employment effect (start)
1 July 2003
Foreseen end date
1 July 2003

Description

In July 2003, the Ministry of Labour and Social Affairs announced the final closure of the company 'Ippokambos', specialised on woodwork repairing of ships and boats. The closure of the company is the result of severe economic problems, but also cash flow problems and a reduced demand in the shipbuilding industry.

Sources

  • 16 July 2003: Kathimerini
  • 16 July 2003: Naftemporiki

Citation

Eurofound (2003), Ippokambos, Closure in Greece, factsheet number 58875, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/58875.