France: the Finnish company Aspocomp condemned to pay the social plan of its French subsidiary, placed in liquidation

The Cour de Cassation, the highest French jurisdiction, gave a ruling, on June 19, 2007, confirming the condemnation of the Finnish group Aspocomp, the parent company of Ascopomp's factory in Evreux (Normandy), to replace its subsidiary so the commitments taken by the latter as part of a redundancy plan be respected. In total, the Finnish company will have to pay 11 million euros in damages. (Ref. 070586)
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The Finnish group Ascopomp (making and selling printed circuits) bought off, in 1998, a factory of the Philips group, located in Evreux. After becoming Aspocomp SAS, subsidiary for 99% of Aspocomp, the company redeployed its production in Asia from 2000 on and presented before the works council in October 2001, a plan to reduce the workforce of 210 posts out of 550. An agreement on accompanying measures was signed on January 18, 2002, and the first employees were fired for economic reasons thou

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