The placement of Impériales Wheels into compulsory liquidation “is an economic tragedy,” lamented the Centre-Val de Loire region.
The last manufacturer of aluminum rims in France, Impériales Wheels, based in Indre, was placed in compulsory liquidation on Thursday, almost four months after being placed in receivership, we learned from union sources. The 176 employees of the company located in Poinçonnet, near Châteauroux, had “asked the commercial court to benefit from a few days before the liquidation is pronounced to allow them time for discussion with the State”a request which was refused to them, affirmed the inter-union in a press release.
The main objective of the union representatives, gathered Thursday before the commercial court of Villefranche-sur-Saône (Rhône) responsible for the case, was to ensure that the “10 million euros intended for financing, granted by the Paris commercial court during the takeover”serve to “set up the future job protection plan (PSE)”indicated Christian Grelaud, CFE-CGC member of the CSE and employee representative for the procedure.
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“An economic drama”
A demand which could not succeed on Thursday since “the judicial liquidation was pronounced immediately, without even a suspension of the hearing” he lamented, declaring himself “offended” by the speed of the court decision. Placement of the company in compulsory liquidation “is an economic tragedy and a social catastrophe for an entire territory”, for its part affirmed the Centre-Val de Loire region in a press release. The Region requests “that everything be done to ensure that a plan to safeguard decent employment is implemented for all employees, in particular with the mobilization by the State of financial resources equivalent to what it did not yet have mobilized for the Imperiales Wheels industrial project.
A rescue plan for Impériales Wheels, in financial difficulty for several years, amounting to 60 million euros was negotiated in 2022 between the State, the company of the owner of the company Emile Di Serio and the Region . According to the latter, the project was “undermined by two years of energy crisis and inflation as well as by the pace with which the State provided its financial support”. For union representatives, the next deadline will be June 26, the date on which a social and economic committee (CSE) will be organized by the judicial liquidator.
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