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 Wood And Paper Materials Manufacture Of Wood And Of Products Of Wood And Cork, Except Furniture; Manufacture Of Articles Of Straw And Plaiting Materials 16.22 - Manufacture of assembled parquet floors
New offshoring locations
Lithuania
114 jobs Number of planned job losses
Announcement Date
12 June 2013
Employment effect (start)
12 June 2013
Foreseen end date
31 March 2014
Description
The Norwegian-Swiss parquet producer Bauwerk Boen is to shut down its production site in Salzburg, making 114 out of 154 employees redundant. The manufacture of standard parquet will be relocated to the group's production site in Kietaviskes (Lithuania) (see here). Only marketing and sales for Austria will remain in Salzburg. The restructuring is to be finished by next spring. The reason for the closure in Salzburg is a strong price pressure which has been around for several years due to overcapacities and cheap imports. Due to the lower production costs in Lithuania, the company will remain competitive. The company, which has only recently been formed via a fusion of the Swiss Bauwerk Parkett and the Norwegian Boes AS, hopes to secure the remaining 40 jobs in Salzburg in the long run.
According to the company, Bauwerk Boen wants to consensually terminate all 114 employment relationships, thus granting the concerned workers better conditions than would apply with a regular notice of termination. Together with the Public Employment Service (AMS) Salzburg, further measures in order to guarantee a socially acceptable restructuring process will be evaluated.
Sources
12 June 2013: Wirtschaftsblatt
12 June 2013: Die Presse
12 June 2013: Der Standard
13 June 2013: Salzburger Nachrichten
Citation
Eurofound (2013), Bauwerk Boen, Offshoring/Delocalisation in Austria, factsheet number 75517, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75517.
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