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 (22 - 23) Manufacture of rubber, plastic and non-metallic minerals 23.4 - Manufacture of other porcelain and ceramic products 23.42 - Manufacture of ceramic sanitary fixtures
210 - 230 jobs Number of planned job losses
Announcement Date
21 February 2003
Employment effect (start)
1 January 2003
Foreseen end date
1 March 2003
Description
Warneton industries, subsidiary of Sanitec, is closing down. The group expects to spend 11,25 million euros to accompany this closure. An outplacement unit will function as of January 5.
Sources
21 February 2003: Les Echos
26 December 2003: Les Echos
7 March 2003: Les Echos
Citation
Eurofound (2003), Warneton Industrie, Closure in Belgium, factsheet number 58904, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/58904.