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.
Belgian steel producer Carsid, member of the Duferco group, annouced the final closure of its plant in Marcinelle with the subsequent loss of 1,000 jobs. Another 3,000 jobs could be at risk indirectly through the closure.
The plant has been economically inactive for more than 40 month and workers were kept on temporary "chômage économique" (economic unemployment), i.e. the company could not operate due to economic reasons and workers received federal unemployment benefit. It was hoped that the plant would open again.
Now that the closure is definite, the Renault procedure has been launched.
As reported, Belgium has applied for assistance from the European Globalisation Adjustment Fund (EGF).
Eurofound (2012), Carsid, Closure in Belgium, factsheet number 73389, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/73389.