Dyckerhoff

Type
Internal restructuring
Country
Germany
Region
Hessen; Darmstadt; Wiesbaden, Kreisfreie Stadt
Location of affected unit(s)
Sector
Manufacturing
(22 - 23) Manufacture of rubber, plastic and non-metallic minerals
23.5 - Manufacture of cement, lime and plaster
23.51 - Manufacture of cement
100 jobs
Number of planned job losses
Job loss
Announcement Date
27 June 2005
Employment effect (start)
31 December 2005
Foreseen end date
31 December 2005

Description

Producer of cement Dyckerhoff which belongs to Italian group Buzzi, is suffering from overcapacity in the market and high energy costs. It has therefore announced a cost cutting programme for two factories in Wiesbaden and Neubeckum. Wiesbaden will bear the brunt of the accompanying job losses.

Sources

  • 28 June 2005: Frankfurter Allgemeine Zeitung

Citation

Eurofound (2005), Dyckerhoff, Internal restructuring in Germany, factsheet number 61833, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61833.