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 Computer, Electrical Electronic And Optical Products Manufacture Of Computer, Electronic And Optical Products 26.11 - Manufacture of electronic components
120 jobs Number of planned job losses
Announcement Date
1 July 2020
Employment effect (start)
1 July 2020
Foreseen end date
Description
Finnish multinational electronic component manufacturer Scanfil announced its plans to close down its factory in Hamburg. Around 120 employees will be affected by the closure. The company stated in a press release that it seeks to streamline its production and the Hamburg site was not profitable. Therefore, production was concentrated in Wutha-Farnroda (Germany) and Sieradz (Poland). The company has taken up talks with employee representatives at the factory. Talks are still ongoing and there are no further details on the exact timeframe. The company seeks to save around €2.5 million annually with this measure.
Eurofound (2020), Scanfil, Closure in Germany, factsheet number 101221, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/101221.
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