Durobor

Type
Internal restructuring
Country
Belgium
Region
Région wallonne; Prov. Hainaut; Arr. Soignies
Location of affected unit(s)
Soignies
Sector
Manufacturing
(22 - 23) Manufacture of rubber, plastic and non-metallic minerals
23 - Manufacture of other non-metallic mineral products
23 - Manufacture of other non-metallic mineral products
83 - 104 jobs
Number of planned job losses
Job loss
Announcement Date
5 October 2004
Employment effect (start)
Foreseen end date
31 December 2004

Description

Durobor, producer of glasses, will suppress 83 jobs out of a total of 450 in Soignies. The company had already terminated 50 temporary contracts in July 2004. Furthermore, for the employees remaining with the company, the overall wage bill will be downsized by 12.7%. The global market for glass products has been declining by 15% a year since 2001. Production costs are rising and selling prices decreasing. Company stated that compulsory redundancies could not be avoided.

Sources

  • 5 October 2004: Les Echos

Citation

Eurofound (2004), Durobor, Internal restructuring in Belgium, factsheet number 60696, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60696.