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.
Manufacturing Manufacture Of Food And Beverage Manufacture Of Food Products 10.81 - Manufacture of sugar
278 jobs Number of planned job losses
Announcement Date
21 March 2007
Employment effect (start)
Foreseen end date
Description
Sugar producer Suedzucker announced the closure of two sites in Germany, Groß-Gerau and Regensburg. 278 employees are affected. Negotiation talks with employee representatives from both affected sites will be held in May 2007. Management is seeking a socially acceptable solution for the affected employees. Suedzucker argued that the decision was a consequence of the EU sugar reform. To ensure its future competitiveness, the company is closing the two sites in Groß-Gerau and Regensburg. Suedzucker currently employs around 20,000 employees worldwide.
Sources
22 March 2007: Handelsblatt
Citation
Eurofound (2007), Suedzucker, Closure in Germany, factsheet number 65156, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65156.
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