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 Food And Beverage Manufacture Of Food Products 10.11 - Processing and preserving of meat
250 jobs Number of planned job losses
Announcement Date
25 May 2023
Employment effect (start)
31 July 2023
Foreseen end date
31 July 2023
Description
Vion, an international producer of meat, meat products and plant-based alternatives, has announced the closure of its plant in Bad Bramstedt which will cut 250 jobs.
The closure is a consequence of the current market situation and the general social trend towards less meat consumption, the company says. Vion Food Group plans to close its slaughterhouse in Bad Bramstedt on 31 July 2023. A reconciliation of interests and a social plan are now to be drawn up for the employees, which provides for a transfer to other locations in Germany.
According to the trade union NGG, the declining meat consumption in society is not an argument for the closure. Vion could have continued to operate the site with fewer animals, according to the union.
Vion Food Group has 29 production sites, 16 offices and an average of 12,281 employees with a turnover of €4.6 billion.
Eurofound (2023), Vion, Closure in Germany, factsheet number 109260, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/109260.
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