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 Chemicals And Pharamceuticals Manufacture Of Chemicals And Chemical Products 20.42 - Manufacture of perfumes and toilet preparations
190 jobs Number of planned job losses
Announcement Date
19 November 2008
Employment effect (start)
Foreseen end date
15 December 2008
Description
The American Colgate-Palmolive group, manufacturer of cosmetics, announced the closure, by the half of December 2008, of its factory located in Brasov (Brasov county, Centre region), purchased in 1992. As result, all 190 employees of the factory will be dismissed and will receive compensatory payments.The decision is part of a global restructuring programme promoted by the company.
Sources
20 November 2008: Economistul
Citation
Eurofound (2008), Colgate-Palmolive, Closure in Romania, factsheet number 67503, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67503.
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