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.
On 13 February 2007, the management of the Swedish group Oriflame Cosmetics, specialised in catalogue selling of cosmetic products, announced its plans to close the sites in Waterloo, Belgium, and in Malmö, Sweden. 170 jobs are threatened in Belgium where the product development, logistics, sales support and financial departments are settled. The group intends to expand its logistic centres in Poland and Russia and to transfer most of its activities to Stockholm (Sweden) and Fribourg (Switzerland). The aim is to improve its profitability and to become the world leader in catalogue selling of cosmetic products. There is currently no employee representative at the company as no candidate stood at the last elections. However, in these circumstances the consultation process in Belgium allows the workers to call in an official union's representative to negotiate with the management.
Eurofound (2007), Oriflame Cosmetics, Offshoring/Delocalisation in Belgium, factsheet number 64972, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/64972.