Fardis

Type
Closure
Country
Belgium
Region
Location of affected unit(s)
Beerse, Malonne, Diest, Waarschoot
Sector
Manufacturing
(22 - 23) Manufacture of rubber, plastic and non-metallic minerals
22 - Manufacture of rubber and plastic products
22 - Manufacture of rubber and plastic products
410 - 475 jobs
Number of planned job losses
Job loss
Announcement Date
23 July 2003
Employment effect (start)
Foreseen end date

Description

The high debts make not very probable a resumption of the entirety of the group. A Flemish investor offers to take again 65 workers and to continue the production under the name of Power Pack.

Sources

  • 2 September 2003: Les Echos
  • 4 September 2003: Les Echos
  • 6 September 2003: Les Echos

Citation

Eurofound (2003), Fardis, Closure in Belgium, factsheet number 59925, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59925.