Interglas Technologies

Type
Internal restructuring
Country
Belgium
Region
Région wallonne; Prov. Liège; Arr. Verviers — communes francophones
Location of affected unit(s)
Battice (Verviers)
Sector
Manufacturing
(22 - 23) Manufacture of rubber, plastic and non-metallic minerals
23.1 - Manufacture of glass and glass products
23.14 - Manufacture of glass fibres
153 jobs
Number of planned job losses
Job loss
Announcement Date
13 August 2003
Employment effect (start)
Foreseen end date

Description

The direction made a proposal to trade unions on the future of the company :

  • either closing the company with legal notice for the 153 workers,

  • or the revival of the activity with half of the personnel.

If the trade unions refuse, bankruptcy will be considered.

Sources

  • 13 August 2003: Les Echos
  • 6 September 2003: Les Echos

Citation

Eurofound (2003), Interglas Technologies, Internal restructuring in Belgium, factsheet number 59600, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59600.