Type
Bankruptcy
Country
Germany
Region
Baden-W├╝rttemberg; Karlsruhe; Enzkreis
Location of affected unit(s)
Muhlacker
Sector
Manufacturing
Manufacturing Of Machinery And Equipment
Manufacture Of Machinery And Equipment N.E.C.
28.99 - Manufacture of other special-purpose machinery n.e.c.

46 jobs
Number of planned job losses
Job loss
Announcement Date
20 November 2013
Employment effect (start)
20 November 2013
Foreseen end date

Description

German engineering company Elumatec is to cut 46 jobs in Muhlacker-Lomersheim (Baden-Wurttemberg). The company filed for insolvency in October.

The affected employees will be offered to relocate to a transfer company, forced redundancies shall be avoided. Initially, the company announced to cut 100 jobs.

In total, Elumatec employs about 450 people in Muhlacker-Lomersheim and 720 worldwide.


Sources

  • 20 November 2013: Pforzheimer Zeitung
  • 2 October 2013: elumatec (press release)

Citation

Eurofound (2013), Elumatec, Bankruptcy in Germany, factsheet number 76230, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76230.