Press Pharma

Type
Internal restructuring
Country
Belgium
Region
Vlaams Gewest; Prov. Antwerpen; Arr. Antwerpen
Location of affected unit(s)
Bornem
Sector
Media
58 - Publishing activities
58 - Publishing activities
58 - Publishing activities
40 jobs
Number of planned job losses
Job loss
Announcement Date
13 April 2006
Employment effect (start)
Foreseen end date

Description

40 jobs are to go at Press Pharma’s plant in Bornem. In January, 20 people were made redundant at this plant. According to the management, the costs are still too high and the market situation is still very volatile. This restructuring is seen as being the only way to ensure stable activity in Bornem for the remaining 200 employees.

Sources

  • 14 April 2006: Les Echos

Citation

Eurofound (2006), Press Pharma, Internal restructuring in Belgium, factsheet number 63358, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/63358.