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 Manufacturing Of Machinery And Equipment Manufacture Of Machinery And Equipment N.E.C. 28.25 - Manufacture of non-domestic cooling and ventilation equipment
New offshoring locations
Romania
111 jobs Number of planned job losses
Announcement Date
5 February 2014
Employment effect (start)
Foreseen end date
30 June 2014
Description
Engineering and electrical company Emerson announced the collective dismissal of 111 employees in Nove Mesto nad Vahom, where the company decided to close its unit PlantWeb Solutions Group.
The closure is attributed to the delocalisation of production to Romania. According to the company, the delocalisation is to keep production costs competitive in the European market.
Emerson is based in the US. In its Slovakian units, the company produces control and electronic systems and industrial air-conditioning systems and it provides energy solutions for the telecom and IT industry.
Sources
5 February 2014: Pravda
Citation
Eurofound (2014), Emerson, Offshoring/Delocalisation in Slovakia, factsheet number 76631, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76631.
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