Ellwood Steel Belgium (ESB)

Type
Internal restructuring
Country
Belgium
Region
Région wallonne; Prov. Liège; Arr. Liège
Location of affected unit(s)
Seraing
Sector
Manufacturing
(24 - 25) Manufacture of metals
25 - Manufacture of fabricated metal products, except machinery and equipment
25 - Manufacture of fabricated metal products, except machinery and equipment
45 jobs
Number of planned job losses
Job loss
Announcement Date
10 September 2003
Employment effect (start)
Foreseen end date

Description

The increase in electricity loads and an early payment on real estate taxes are the causes announced by the company to justify the restructuring measure. Trade unions of the old division of Tubemeuse quickly wish to meet the American direction of the group. 45 jobs are affected.

Sources

  • 10 September 2003: Les Echos
  • 11 October 2003: Les Echos

Citation

Eurofound (2003), Ellwood Steel Belgium (ESB), Internal restructuring in Belgium, factsheet number 58887, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/58887.