Type
Relocation
Country
Belgium
Region
Vlaams Gewest; Prov. Limburg (B);
Location of affected unit(s)
Overpelt
Sector
Manufacturing
Manufacture Of Chemicals And Pharamceuticals
Manufacture Of Chemicals And Chemical Products
20 - Manufacture of chemicals and chemical products

95 jobs
Number of planned job losses
Job loss
Announcement Date
2 May 2005
Employment effect (start)
Foreseen end date

Description

On Monday 2 May 2005, management of Punch Plastics announced a new restructuring plan affecting 95 employees. 73 workers, 14 employees and 8 temporary workers are to be dismissed at the Overpelt site before the plant is relocated to Lommel.

In December 2004, 170 employees had already been dismissed when a part of the activity was transferred to Slovakia.


Sources

  • 3 May 2005: Het Belang van Limburg
  • 3 May 2005: Les Echos
  • : (www.hbvl.be)

Citation

Eurofound (2005), Punch Plastics, Relocation in Belgium, factsheet number 61556, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61556.