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 Rubber And Plastic Products And Other Non-Metallic Mineral Products Manufacture Of Other Non-Metallic Mineral Products 23.2 - Manufacture of refractory products
173 jobs Number of planned job losses
Announcement Date
29 September 2009
Employment effect (start)
31 October 2009
Foreseen end date
31 December 2009
Description
The Press Daimler Refractories plant in Saint Ghislain is going bankrupt and all 173 employees will be dismissed. The closure of the plant will concern 136 blue-collar and 37 white-collar workers. The company was facing serious financial difficulties and the losses increased constantly because of the decrease in demand from the glass sector.
Sources
29 September 2009: Le Soir
Citation
Eurofound (2009), Preiss-Daimler, Bankruptcy in Belgium, factsheet number 69590, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69590.
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