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 Rubber And Plastic Products And Other Non-Metallic Mineral Products Manufacture Of Rubber And Plastic Products 22.21 - Manufacture of plastic plates, sheets, tubes and profiles
150 jobs Number of planned job losses
Announcement Date
10 April 2014
Employment effect (start)
15 April 2014
Foreseen end date
31 December 2014
Description
Germany-based global windows, doors and façade manufacturer Schüco International is to close its manufacturing site in Haan (North Rhine-Westphalia) by the end of 2014. As announced, the closure will affect 150 jobs but the company is considering the possibility of relocating half of the workforce at its site in Weißenfels (Saxony). As reported, the closure is due to the low demand in the European market.
Sources
15 April 2014: kunststoffweb.de
10 April 2014: NW-News.de
Citation
Eurofound (2014), Schüco International, Closure in Germany, factsheet number 76961, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76961.
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