Type
Closure
Country
Belgium
Region
Location of affected unit(s)
Ostende (Belgium), Dover (UK)
Sector
Transportation / Storage
Land, Water And Air Transportation
Water Transport
50 - Water transport

197 jobs
Number of planned job losses
Job loss
Announcement Date
13 December 2002
Employment effect (start)
1 December 2002
Foreseen end date

Description

Collective bargain has been announced at the Ostende York which host the Dover-Ostende link of Hoverspeed. The head manager has explained that even with considerable investments and the restructuring measures of these past 3 years, the activity is still economically unviable. The closure of the site is then announced.


Sources

Citation

Eurofound (2002), Hoverspeed, Closure in Belgium, factsheet number 58867, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/58867.