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.
Transportation / Storage 52 - Warehousing, storage and support activities for transportation 52.1 - Warehousing and storage 52.1 - Warehousing and storage
248 jobs Number of planned job losses
Announcement Date
16 December 2003
Employment effect (start)
Foreseen end date
Description
The restructuring of this company is in relation to the Ford Genk downsizing. SML/SMG's activity is to take delivery of, store and deliver the steel intended for Ford Genk.
Sources
16 December 2003: Les Echos
Citation
Eurofound (2003), SML/SMG (Staal Magazijn Genk/Service Magazijn Limburg), Internal restructuring in Belgium, factsheet number 60084, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60084.