Logstor

Type
Internal restructuring
Country
Denmark
Region
Danmark; Nordjylland; Nordjylland
Location of affected unit(s)
Løgstør, Fredericia
Sector
Manufacturing
(24 - 25) Manufacture of metals
24.2 - Manufacture of tubes, pipes, hollow profiles and related fittings, of steel
24.2 - Manufacture of tubes, pipes, hollow profiles and related fittings, of steel
100 jobs
Number of planned job losses
Job loss
Announcement Date
26 October 2005
Employment effect (start)
1 November 2005
Foreseen end date

Description

The Danish steel tubes manufacturer Logstor will dismiss 100 employees in the factories in Løgstør and Fredericia as well as some 100 more abroad. The cuts come as the company is adjusting its structure after the purchase of the competitor Alstorm Power Systems in May 2005. Logstor has 1,300 employees in Denmark, Sweden, Poland and Finland.

Sources

  • 26 October 2005: Jyllands-Posten

Citation

Eurofound (2005), Logstor, Internal restructuring in Denmark, factsheet number 62471, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62471.