Ensival Moret Belgium

Type
Internal restructuring
Country
Belgium
Region
Région Wallonne; Prov. Liège; Arr. Verviers — communes francophones
Location of affected unit(s)
Sector
Manufacturing
(28) Manufacture of machinery and equipment
28.1 - Manufacture of general-purpose machinery
28.12 - Manufacture of fluid power equipment
155 jobs
Number of planned job losses
Job loss
Announcement Date
18 June 2020
Employment effect (start)
30 June 2020
Foreseen end date

Description

Ensival Moret Belgium, a producer of industrial pumps (mainly for the gas and petroleum industry) and part of the Swiss Sulzer has announced it will be dismissing 155 employees in its facilities across Belgium. According to the company management the current problems in the oil and gas industry has led the company to adapt and reduce costs. More specifically, the company will reform its activities in Belgium to become a more R&D focused technological centre. As a result, almost all blue collar workers in the current production line will be dismissed. The company management is currently negotiating with the different local trade unions regarding the impact and extent of the dismissals.

Sources

Citation

Eurofound (2020), Ensival Moret Belgium, Internal restructuring in Belgium, factsheet number 100964, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/100964.