Hitachi Power Europe

Type
Internal restructuring
Country
Germany
Region
Nordrhein-Westfalen; Düsseldorf; Duisburg, Kreisfreie Stadt
Location of affected unit(s)
Duisburg
Sector
Manufacturing
(28) Manufacture of machinery and equipment
28 - Manufacture of machinery and equipment n.e.c.
28 - Manufacture of machinery and equipment n.e.c.
200 jobs
Number of planned job losses
Job loss
Announcement Date
15 December 2011
Employment effect (start)
15 December 2011
Foreseen end date
31 March 2012

Description

As announced on December 15, 2011, plant constructor Hitachi Power Europe will cut 200 out of 1,100 jobs in its Duisburg headquarter.

This is due to a changed energy mix in Germany and, resulting from this, a lower demand. Hitachi justified the decision by poor order situations concerning coal-fired power stations - the last plant was ordered in 2008. Furthermore, Hitachi plans engagements in renewable energy technologies.

Sources

  • 14 December 2011: Ruhr Nachrichten
  • 16 December 2011: Frankfurter Allgemeine Zeitung

Citation

Eurofound (2011), Hitachi Power Europe, Internal restructuring in Germany, factsheet number 72878, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/72878.