Internal restructuring
European Union
Location of affected unit(s)
Financial Services
Financial And Insurance Activities
Insurance, Reinsurance And Pension Funding, Except Compulsory Social Security
65 - Insurance, reinsurance and pension funding, except compulsory social security

600 jobs
Number of planned job losses
Job loss
Announcement Date
29 November 2004
Employment effect (start)
Foreseen end date
31 December 2006


Dutch credit insurance company Atradius NV will cut at least 600 jobs (15 % of its workforce) in the next two years, the company said on 29 November 2004. In the Netherlands, Atradius will cut 90 jobs. The rest of the job cuts will affect the company's operations in Belgium, Germany and the UK. The job cuts are part of a reorganisation, aimed at a decrease in costs and an improvement in Atradius' competition position. As part of the reorganisation, the units of Atradius which are not enough profitable, will be sold.


  • 29 November 2004: De FinanciĆ«le Telegraaf
  • 30 November 2004: Provinciale Zeeuwse Courant
  • 29 November 2004: Atradius - Press release


Eurofound (2004), Atradius, Internal restructuring in European Union, factsheet number 60822, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60822.