Agfa-Gevaert

Type
Internal restructuring
Country
European Union
Region
Location of affected unit(s)
Belgium, Germany
Sector
Manufacturing
(20 - 21) Manufacture of chemicals and pharmaceuticals
20.5 - Manufacture of other chemical products
20.5 - Manufacture of other chemical products
750 - 800 jobs
Number of planned job losses
Job loss
Announcement Date
9 May 2003
Employment effect (start)
Foreseen end date

Description

The Belgian group Agfa-Gevaert announced a restructuring plan affecting 750 workers, mostly in Germany (Leverkusen). 10 workers will be affected in Belgium. Agfa explains this measure by the weakening demand for films and film products.

Sources

  • 22 August 2003: Les Echos
  • 9 May 2003: Financial Times Deutschland

Citation

Eurofound (2003), Agfa-Gevaert, Internal restructuring in European Union, factsheet number 59578, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59578.