Vestas Wind Systems

Type
Internal restructuring
Country
Germany
Region
Brandenburg; Brandenburg; Oberspreewald-Lausitz
Location of affected unit(s)
Lauchhammer
Sector
Manufacturing
(28) Manufacture of machinery and equipment
28.1 - Manufacture of general-purpose machinery
28.11 - Manufacture of engines and turbines, except aircraft, vehicle and cycle engines
330 jobs
Number of planned job losses
Job loss
Announcement Date
27 September 2019
Employment effect (start)
Foreseen end date

Description

Wind turbines manufacturing company Vestas announced its plans to downsize its operations in the site of Lauchhammer. The restructuring event derives from market changes, which determine the closure of the production lines for the V136 wind turbines. According to reports, the decision is expected to affect 330 agency employees and 170 employees in satellite activities.

The site in Lauchhammer produces rotor blades for wind turbines. Overall, the company manages two sites in Germany (Lauchhammer and Travemünde), which together have a workforce of 5,370 employees.

Sources

Citation

Eurofound (2019), Vestas Wind Systems, Internal restructuring in Germany, factsheet number 98762, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/98762.