Type
Internal restructuring
Country
Belgium
Region
Vlaams Gewest;
Location of affected unit(s)
Hemiksem, Lanklaar
Sector
Manufacturing
Manufacture Of Basic Metal And Fabricated Metal Products
Manufacture Of Fabricated Metal Products, Except Machinery And Equipment
25 - Manufacture of fabricated metal products, except machinery and equipment

210 jobs
Number of planned job losses
Job loss
Announcement Date
22 September 2005
Employment effect (start)
Foreseen end date

Description

Metal and coating transformation company Bekaert announced on Thursday 22 September, the dismissal of 210 employees in Hemiksem and Lanklaar. The action plan that Bekaert is proposing, applies to 85 and 125 jobs respectively. In Hemiksem 65 blue collar workers and 20 white collar workers will be affected, and in Lanklaar 110 blue collar workers and 15 white collar workers. Management is in negotiations with unions in order to develop alternative solutions to direct dismissals, by way of outplacement programmes, severance pay and the conventional early retirement schemes. The plant at Hemiksem is faced with an increased pressure on sales prices in Western Europe due to the increasing competition from imports of galvanized low carbon wires into the European Union from countries like Russia, South Africa, Ukraine, China, Israel, Turkey and Romania.


Sources

Citation

Eurofound (2005), Bekaert, Internal restructuring in Belgium, factsheet number 62296, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62296.