The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture Of Rubber And Plastic Products And Other Non-Metallic Mineral Products Manufacture Of Other Non-Metallic Mineral Products 23 - Manufacture of other non-metallic mineral products
88 jobs Number of planned job losses
Announcement Date
22 March 2005
Employment effect (start)
31 March 2005
Foreseen end date
31 December 2007
Description
Durobor, the glass manufacturer, has announced a restructuring plan. 88 workers will be made redundant. Half of the affected workers will benefit from early retirement measures, the other half will be dismissed by 31 March 2005. 363 workers are to remain on the site. Assets of the company are also to be sold to finance a new investment programme, and trainings of employees will be implemented.
In October 2004, a previous restructuring had already made 83 employees redundant.
Sources
22 March 2005: Les Echos
Citation
Eurofound (2005), Durobor, Internal restructuring in Belgium, factsheet number 61347, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61347.
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