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.
Czech republic, Hungary, Germany, France, Netherlands
Sector
Retail Wholesale Trade, Except Of Motor Vehicles And Motorcycles Wholesale Trade, Except Of Motor Vehicles And Motorcycles 46 - Wholesale trade, except of motor vehicles and motorcycles
375 - 1,450 jobs Number of planned job losses
Announcement Date
20 November 2002
Employment effect (start)
1 January 2002
Foreseen end date
1 January 2004
Description
Samas-Groep is an international company focusing on the European markets for office furnishing. Around 3,100 men and women are on the payroll. Samas-Groep has 20 operating companies in the Benelux area, Germany, France, the United Kingdom, Switzerland and several other countries as the Czech Republic and Hungary. In the last six months, 375 (11%) permanent jobs were lost. Between April 2001 and September 2002, 686 (18%) permanent jobs had already been lost.
For 2003/2004, 300 jobs will be suppressed (announced on April 2).
April 2004. In the framework of the restructuring plan announced earlier, 53 jobs will be lost in Freiburg (Germany). Part of the production of Fortschritt (221 employees) will be transferred to Scharf and MBT in Germany and to Falco in Hungary.
Sources
27 April 2004: Het Financieele Dagblad
2 April 2003: Eurobench
: Samas
20 November 2002: Press Release
Citation
Eurofound (2002), Samas Groep, Internal restructuring in European Union, factsheet number 60109, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60109.
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