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.
Retail Wholesale Trade, Except Of Motor Vehicles And Motorcycles Wholesale Of Household Goods 46.46 - Wholesale of pharmaceutical goods
New offshoring locations
Czechia
160 jobs Number of planned job losses
Announcement Date
22 February 2012
Employment effect (start)
1 March 2012
Foreseen end date
1 March 2014
Description
A Danish supplier of parallel imported pharmaceuticals and generic drugs moves the production activities from Denmark and Germany to the Czech Republic, which results in 160 jobs being lost in Odense, Denmark.
The decision was announced to the employees on 22 February 2012 by the Orifarm CEO. The decision was motivated by the failing revenues of the company and lower wages in the Czech Republic, where Orifarm already has a plant (see related factsheet).
The offshoring will take place in several phases over the next two years.
Sources
22 February 2012: dagensmedicin.dk
23 February 2012: Jyllands-Posten
Citation
Eurofound (2012), Orifarm, Offshoring/Delocalisation in Denmark, factsheet number 73650, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73650.
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