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 (22 - 23) Manufacture of rubber, plastic and non-metallic minerals 23.4 - Manufacture of other porcelain and ceramic products 23.41 - Manufacture of ceramic household and ornamental articles
300 jobs Number of planned job losses
Announcement Date
8 July 2005
Employment effect (start)
Foreseen end date
31 December 2005
Description
Manufacturer of ceramic products Villeroy & Boch has announced the closure of its tile-production facility in Merzig. 140 jobs will go. €10 million are to be saved through the measure. Turnover in Villeroy & Boch's tile-business went down by almost 18% in the first quarter of 2005. Moreover, 70 jobs will be cut in sanitary ware and another 90 jobs in chinaware.
Sources
29 July 2005: Frankfurter Allgemeine Zeitung
9 July 2005: Frankfurter Allgemeine Zeitung
Citation
Eurofound (2005), Villeroy & Boch, Closure in Germany, factsheet number 61988, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61988.
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