West-Nederland; Utrecht;
Location of affected unit(s)
Manufacture Of Basic Metal And Fabricated Metal Products
Manufacture Of Fabricated Metal Products, Except Machinery And Equipment
25.99 - Manufacture of other fabricated metal products n.e.c.
New offshoring locations
Bosnia and Herzegovina

195 jobs
Number of planned job losses
Job loss
Announcement Date
15 February 2022
Employment effect (start)
15 February 2022
Foreseen end date
31 December 2022


Metal company TN Europe BV, formerly TN Netherlands, will close its factory at Veenendaal by the end of 2022 and will cut 195 jobs, of which 13 temporary workers. The Japanese parent company Tsubaki Nakashima is moving production to Bosnia-Herzegovina: the company was one of Veenendaal's largest employers. Its customers are bearing manufacturers, suppliers to the automotive industry (cars and trucks) and other industrial companies.

Structural changes in the automotive sector, such as electrification,are impacting metal production. TN Europe BV has been losing revenue and customers since 2018 and is no longer profitable.

Social partners and unions were recently informed and are working on a social plan; the work council has also received an advice request to help with the situation. However, Union CNV states that they expect employers to contact TN Europe BV on short notice due to an alarming shortage of well-trained technical staff.

TN Europe BV is a metal company that supplies the automotive industry and works with car brands such as Mercedes, BMW, Audi, and Volkswagen.


  • 15 February 2022: Het Financieele Dagblad (fd.nl)


Eurofound (2022), TN Europe B.V., Offshoring/Delocalisation in Netherlands, factsheet number 106351, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/106351.