Licentia Danmark

Type
Closure
Country
Denmark
Region
Danmark; Nordjylland; Nordjylland
Location of affected unit(s)
Thisted, Fjerritslev, Børkop
Sector
Manufacturing
(31) Manufacture of furniture
31 - Manufacture of furniture
31 - Manufacture of furniture
185 jobs
Number of planned job losses
Job loss
Announcement Date
2 March 2005
Employment effect (start)
1 April 2005
Foreseen end date
1 July 2005

Description

Licentia Danmark, manufacturer of pine furniture, was put into liquidation on 1 March 2005. This means that 80 employees in Thisted, 70 in Fjerritslev and 35 in Børkop will loose their job. Only the Holding company remains in Denmark as well as Licentia Sweden AB. Licentia employed 380 persons in Denmark and Sweden. The employees' representative has declared that they were misinformed by the management as to the degree of the current crisis.

Sources

  • 2 March 2005: De Bergske Blade

Citation

Eurofound (2005), Licentia Danmark, Closure in Denmark, factsheet number 61326, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61326.