It’s published •update
Germany’s BSH Domational Appliances Group, which owns the Siemens and Bosch brands, has announced the upcoming closure of its factory in Eskiroz, northern Spain.
More than 650 local jobs are likely to be lost, and production could be moved to Poland or Türkiye.
“The situation is very worrying. It was a company that proved sustainable and had products that served other parts of Europe and Spain, because 80% of the products that came out of this company were sold in Spain.”
“And now the company has decided to close for the relocation,” she added.
This is not an isolated case. Additionally, relocations are underway at Audi, Volkswagen and Arcelor Mittal.
Some MEPs hope that the European Parliament will take action to fight industrialization and support European reindustrial reinforcement at a time when geopolitical uncertainty is undermining businesses.
“We have political instability, high energy prices, high economic uncertainty, and Donald Trump’s tariff war,” Oihanea Gillegoitia Martinez, another Spanish MEP to renew Europe, told Euroneuz.
“In this case there is a lack of strategic autonomy. These companies are looking for lower labor costs. They are looking for access to raw materials,” explained Agirregoutia Martínez.
She recommends simplifying regulatory and tax frameworks to support production, innovation and competitiveness in Europe.
On her part, Garan is calling for the 25-year-old European directive to be updated on redundancy in Europe to match “the new reality of the labour market.”
“Within the European Union, we cannot compete between states based on wage levels that exist in one member state or another,” she told Euronows.
“Therefore, we need to reform this directive on collective redundancy and prevent social dumping from becoming a threat to all workers in the European Union,” she adds.
According to the French National Institute of Statistics (INSEE), between 2018 and 2020, 72% of French companies relocated did so in Europe.
