Martin

Type
Internal restructuring
Country
Denmark
Region
Danmark; Nordjylland; Nordjylland
Location of affected unit(s)
Frederikshavn
Sector
Manufacturing
(26 - 27) Manufacture of electrical, electronic and optical products
27.4 - Manufacture of lighting equipment
27.4 - Manufacture of lighting equipment
140 jobs
Number of planned job losses
Job loss
Announcement Date
19 October 2004
Employment effect (start)
1 November 2004
Foreseen end date

Description

The Martin Group produces so-called 'intelligent light equipment'. The 140 redundancies are due to an internal restructuring caused by low production, and were expected for some time. 450 employees are still left.

Sources

  • 19 October 2004: Børsen

Citation

Eurofound (2004), Martin, Internal restructuring in Denmark, factsheet number 60700, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60700.