Société Citrique Belge

Type
Internal restructuring
Country
Belgium
Region
Vlaams Gewest; Prov. Vlaams-Brabant; Arr. Leuven
Location of affected unit(s)
Tienen
Sector
Manufacturing
(20 - 21) Manufacture of chemicals and pharmaceuticals
20 - Manufacture of chemicals and chemical products
20 - Manufacture of chemicals and chemical products
75 jobs
Number of planned job losses
Job loss
Announcement Date
25 May 2004
Employment effect (start)
Foreseen end date

Description

The Société Citrique Belge, producer of citric acid, has announced its intention to cut 75 of the 350 jobs it counts in Tienen. This restructuring plan was foreseeable, as when DSM took over the company from Roche, it declared its ambition to implement a cost saving programme.

Sources

  • 25 May 2004: Les Echos

Citation

Eurofound (2004), Société Citrique Belge, Internal restructuring in Belgium, factsheet number 60452, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60452.