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.
Bekaert textiles, manufacturer of mattress cover materials, located in Waregem, Flanders, is about to cut 100 jobs. The company has decided to stop all production activities in Belgium and transfer the production to the Czech Republic and Turkey. The company is currently facing overcapacity issues in Europe. Among the workers concerned, 80 blue-collar workers and 20 white-collar workers will lose their jobs. The central administration will remain in Waregem with 85 employees. For more information on this case, see EIRO report.
The Belgian authorities applied for aid from the European Globalisation Adjustment Fund (EGF).
Eurofound (2009), Bekaert textiles, Offshoring/Delocalisation in Belgium, factsheet number 68491, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/68491.