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.
Construction Specialised Construction Activities Specialised Construction Activities 43 - Specialised construction activities
110 jobs Number of planned job losses
Announcement Date
14 January 2009
Employment effect (start)
Foreseen end date
Description
Sphinx, a tiling company, announced on the 14 January 2009, that it will cut 110 jobs at its plant in Maastricht, in the Netherlands. The production of tiles will be relocated to France, cutting 110 jobs from 128 in Maastricht. The company was declared bankrupt in November 2008, but then it seemed that recovery was possible. In the end, production costs in the Netherlands were deemed to high, and with existing sufficient production capacity in France, Sphinx will retain only its sales office in Maatricht.
Sources
15 January 2009: NRC Handelsblad
Citation
Eurofound (2009), Sphinx Tegels, Relocation in Netherlands, factsheet number 68071, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68071.
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