Emgo

Type
Closure
Country
Belgium
Region
Vlaams Gewest; Prov. Limburg (BE); Arr. Maaseik
Location of affected unit(s)
Lommel
Sector
Manufacturing
(26 - 27) Manufacture of electrical, electronic and optical products
27.4 - Manufacture of lighting equipment
27.40 - Manufacture of lighting equipment
135 jobs
Number of planned job losses
Job loss
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://apps.eurofound.europa.eu/restructuring-events/detail/73843.