Recticel Automotive

Type
Internal restructuring
Country
Germany
Region
Rheinland-Pfalz; Koblenz; Neuwied
Location of affected unit(s)
Rheinbreitbach
Sector
Manufacturing
(29 - 30) Manufacture for transport equipment
29.3 - Manufacture of motor vehicle parts and accessories
29.32 - Manufacture of other parts and accessories for motor vehicles
150 jobs
Number of planned job losses
Job loss
Announcement Date
24 January 2013
Employment effect (start)
1 January 2013
Foreseen end date
31 December 2015

Description

Recticel Automotive, the German subsidiary of the Belgian Recticel Group, announced that it failed to gain new orders to compensate for a lost order by Mercedes. It will have to shut down large parts of its Rheinbreitbach plant.

150 manufacturing jobs will go by 2015. In 2013 temporary workers are set to leave. It is reported that administrative positions will stay, as Rheinbreitbach is the German headquarter of the operations.

Sources

  • 24 January 2013: Kölnische Rundschau

Citation

Eurofound (2013), Recticel Automotive, Internal restructuring in Germany, factsheet number 74875, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/74875.