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.
Nordrhein-Westfalen; Düsseldorf; Essen, Kreisfreie Stadt
Location of affected unit(s)
Essen
Sector
Manufacturing Manufacturing Of Machinery And Equipment Manufacture Of Machinery And Equipment N.E.C. 28.92 - Manufacture Of Machinery For Mining, Quarrying And Construction
New offshoring locations
Sweden
130 - 200 jobs Number of planned job losses
Announcement Date
13 November 2023
Employment effect (start)
13 November 2023
Foreseen end date
31 December 2025
Description
On 13 November 2023, the Swedish tools manufacturer Epiroc announced plans to close its site in Essen, North Rhine-Westphalia. Around 200 employees are affected by the restructuring plan.
The company manufactures hydraulic attachment tools all over Europe and now wants to reorganise its production. Whilst the site in Essen will be closed by the end of 2025, production will be shifted to other sites in Sweden, more specifically Kalmar and Fagersta, and Germany, to Dermbach. Whilst the company stated that around 130 employees will lose their jobs, news reports also stated that a further 70 employees will be offered new jobs in other parts of the company.
Eurofound (2023), Epiroc, Offshoring/Delocalisation in Germany, factsheet number 200521, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/200521.
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