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 Manufacturing Of Machinery And Equipment Manufacture Of Machinery And Equipment N.E.C. 28.13 - Manufacture of other pumps and compressors
New offshoring locations
Serbia
100 jobs Number of planned job losses
Announcement Date
16 May 2012
Employment effect (start)
1 June 2012
Foreseen end date
1 June 2014
Description
On 16 May 2012 Danish pump producer Grundfos announced plans to relocate parts of its production from the Bjerringbro facility in Denmark to Serbia over the next two years. The decision will lead to up to 100 jobs being cut in Denmark. It is not yet decided how many people will be directly dismissed and how many will be reduced by natural wastage.
The company claims the delocalisation is due to tighter EU environmental regulations. Grundfos invested in new site in Serbia also in order to move the production closer to the markets in Russia and Turkey.
Sources
16 May 2012: epn.dk
Citation
Eurofound (2012), Grundfos, Offshoring/Delocalisation in Denmark, factsheet number 73685, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73685.
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