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 wood and paper materials Manufacture of paper and paper products 17.25 - Manufacture of other articles of paper and paperboard
210 - 269 jobs Number of planned job losses
Announcement Date
12 February 2025
Employment effect (start)
12 February 2025
Foreseen end date
31 December 2025
Description
The German specialty paper manufacturer Felix Schoeller, based in Osnabrück, is undergoing a restructuring process. The paper mill in Penig is set to close in 2025, affecting 119 employees. Employees in Penig will be offered relocation opportunities at other company sites. In total, Felix Schoeller plans to cut up to 210 jobs at various sites, with up to 150 positions affected at the Weißborn site in Hessen, where around 700 employees currently work. The company cites weak economic conditions, market changes, and increased competitive pressure as reasons for these decisions.
Overall, the company employs approximately 3,700 people.
Eurofound (2025), Felix Schoeller, Internal restructuring in Germany, factsheet number 202364, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/202364.
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