Type
Internal restructuring
Country
Germany
Region
Bayern; Oberbayern; Ingolstadt
Location of affected unit(s)
Sector
Manufacturing
Manufacture Of Coke And Refined Petroleum Products
Manufacture Of Coke And Refined Petroleum Products
19.2 - Manufacture of refined petroleum products

130 jobs
Number of planned job losses
Job loss
Announcement Date
19 October 2005
Employment effect (start)
1 January 2006
Foreseen end date
31 December 2009

Description

Bayernoil, a refinery in Bavaria, has announced restructuring plans. It will reduce the number of factories from 3 to 2, while increasing the capacity of the remaining factories. 130 jobs will be cut until 2010, direct dismissals will be avoided.


Sources

Citation

Eurofound (2005), Bayernoil, Internal restructuring in Germany, factsheet number 62464, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62464.