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.
Région Bruxelles-Capitale / Brussels Hoofdstedelijke Gewest;
Location of affected unit(s)
Everberg
Sector
Manufacturing Manufacture Of Chemicals And Pharamceuticals Manufacture Of Chemicals And Chemical Products 20.52 - Manufacture of glues
New offshoring locations
Germany
250 - 400 jobs Number of planned job losses
Announcement Date
7 November 2022
Employment effect (start)
7 November 2022
Foreseen end date
Description
Huntsman, an American multinational chemical manufacturer has announced it will be closing its European headquarters in Everberg and 400 employees are at risk of losing their job. According to the company management, the main reasoning behind the restructuring measure are the increasing wage costs and energy prices.
The company intends to move the European headquarters to Frankfurt, Germany, and transfer some of the jobs to other sites in Rotterdam (The Netherlands) and Krakow (Poland). Only the research and development department will be moved within Belgium.
Eurofound (2022), Huntsman, Offshoring/Delocalisation in Belgium, factsheet number 107838, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/107838.
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