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 Computer, Electrical Electronic And Optical Products Manufacture Of Electrical Equipment 27.40 - Manufacture of electric lighting equipment
135 jobs Number of planned job losses
Announcement Date
29 June 2012
Employment effect (start)
1 September 2012
Foreseen end date
31 December 2012
Description
Emgo, a part of the Philips and Osram group operating in the lighting industry, announced plans to close its plant in Lommel, Belgium and dismiss its 135 employees.
According to the management of the company, the main reason for this decision is the progressive decrease in demand for Emgo's products.
The 'Renault' procedure has already been launched. The restructuring is to be completed by the end of 2012.
Sources
29 June 2012: HBVL
29 June 2012: Le Soir
Citation
Eurofound (2012), Emgo, Closure in Belgium, factsheet number 73843, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73843.
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