Type
Closure
Country
Romania
Region
Vest; Timis;
Location of affected unit(s)
Lugoj, Timis county, West region
Sector
Manufacturing
Manufacture Of Rubber And Plastic Products And Other Non-Metallic Mineral Products
Manufacture Of Other Non-Metallic Mineral Products
23.31 - Manufacture of ceramic tiles and flags

150 jobs
Number of planned job losses
Job loss
Announcement Date
1 December 2008
Employment effect (start)
31 December 2008
Foreseen end date

Description

Lasselsberger, Austrian manufacturer of ceramic tiles, decided to shut down it Lugoj plant and to dismiss around 150 employees. The reason is sales reduction caused by the property downturn. In 2007m the local units of Lasselsberger reported a turnover of 61 million euros, a decrease of 13% as compared with 2006.


Sources

  • 1 December 2008: Ziarul Financiar

Citation

Eurofound (2008), Lasselsberger Lugoj, Closure in Romania, factsheet number 67705, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67705.