According to a company statement, “not a single layoff” has taken place at the Azkoitia facilities. Sidenor attributes the unification of heavy bar rolling mill production in Reinosa (Spain) to market conditions and a structural decline in demand over recent years.

In this context, the company initiated a consultation process with employee representatives. Sidenor indicated that a total of six meetings were held, but negotiations concluded “without agreement”. Management emphasized that, “despite the company making every effort to negotiate and reach an agreement, the unions rejected the final proposal and dismissed extending the consultation period”.

Sidenor explained that it proposed “various economic and social aids” for employees who voluntarily accepted the relocation of their jobs. These aids included 6,000 euros for those who agreed to move to Reinosa, a grant of up to 3,000 euros for relocation expenses, and a bonus of 18,500 euros for settling in Reinosa. Additionally, the company foresaw rental assistance of up to 1,250 euros per month for a maximum of three years, depending on the family unit. The company also offered a personalized reception and training plan for employees and a salary guarantee during the negotiation process.