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 (26 - 27) Manufacture of electrical, electronic and optical products 27 - Manufacture of electrical equipment 27 - Manufacture of electrical equipment
160 jobs Number of planned job losses
Announcement Date
3 April 2003
Employment effect (start)
1 March 2003
Foreseen end date
1 December 2003
Description
The Legrand group, which in 2002 made net sales of nearly 3 billion euros and employs some 27,000 people globally, is the world specialist in products and systems for electrical installations and information networks in residential housing and commercial buildings and in industry.
Citation
Eurofound (2003), Legrand, Internal restructuring in Austria, factsheet number 59263, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59263.