The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture Of Food And Beverage Manufacture Of Food Products 10.13 - Production Of Meat And Poultry Meat Products
350 jobs Number of planned job creations
Announcement Date
23 October 2024
Employment effect (start)
23 October 2024
Foreseen end date
30 October 2025
Description
Tican plans to hire 350 new employees over the coming year due to a significant increase in slaughter volumes, according to CEO Steen Sønnichsen. This expansion contrasts with Danish Crown, which recently announced 500 layoffs due to fewer slaughter pigs and increased piglet exports.
Danish Crown has closed several slaughterhouses, most recently in Ringsted. Meanwhile, Tican has attracted new suppliers, including a major supplier, and is expanding operations at its facilities in Thisted and Brørup. It is expected that a lot of former Danish Crown employees will be employed by Titan in the future.
Eurofound (2024), Tican Fresh Meat, Business expansion in Denmark, factsheet number 201825, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/201825.
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