Ice-Watch

Type
Business expansion
Country
Belgium
Region
Région wallonne; Prov. Luxembourg (BE); Arr. Bastogne
Location of affected unit(s)
Bastogne
Sector
Manufacturing
(26 - 27) Manufacture of electrical, electronic and optical products
26.5 - Manufacture of measuring testing instruments, clocks and watches
26.52 - Manufacture of watches and clocks
120 jobs
Number of planned job creations
Job creation
Announcement Date
25 January 2014
Employment effect (start)
Foreseen end date

Description

Watch manufacturer Ice-Watch plans to relocate its production from China to Belgium, creating 120 jobs.

According to the management, the relocation is to enhance the watches’ quality and to keep the seal of quality "Made in Belgium".

The timeline for the restructuring plans is not yet available.

Sources

  • 25 January 2014: rtl.be
  • 25 January 2014: La Libre
  • 25 January 2014: Le Soir

Citation

Eurofound (2014), Ice-Watch, Business expansion in Belgium, factsheet number 76518, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/76518.