Internal restructuring
Location of affected unit(s)
Transportation / Storage
Warehousing And Support Activities For Transportation, Postal And Courier Activities
Warehousing And Support Activities For Transportation
52.2 - Support activities for transportation

140 jobs
Number of planned job losses
Job loss
Announcement Date
7 May 2004
Employment effect (start)
Foreseen end date
31 July 2004


Sabena Technics, specialised in plane maintenance, is part of the former Sabena group, now gone bankrupt. It is waiting for a takeover bid, but has experienced heavy losses during the past year. In order to reach solvency by the end of the year, the company is undergoing a restructuring programme, called ‘renaissance’, which involves the redundancy of 170 employees by the end of July. Unions have greeted this announcement with realism, prefering ‘170 redundancies now than 1,300 later’. After negotiations with unions, management has announced on 14 July 2004 a reduced number of redundancies, amounting to 140. 100 will be compulsory redundancies while there will be 20 contracts naturally coming to an end, and voluntary departures as well as retirement measures and unpaid leaves.


  • 14 July 2004: Les Echos
  • 8 May 2004: Les Echos


Eurofound (2004), Sabena Technics, Internal restructuring in Belgium, factsheet number 60331, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60331.