Restructuring events
European Restructuring Monitor (ERM)
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.
Early 2005, international brewer InBev had announced cost-cutting measures throughout the world. Belgium will also be affected by the measures as the company announced early December that 232 employees will lose their job in Belgium. According to John Brock, CEO of InBev, Belgium has too many breweries. Inbev will thus transfer the production of its Hoegarden brewery to Jupille. Bottling will still remain in the Hoegaarden site. Other services, such as marketing, sales and transportation will be affected by the measures. Following the announcement, workers at hoegaarden started a strike.
Eurofound (2005), InBev, Internal restructuring in Belgium, factsheet number 62609, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62609.