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 26.1 - Manufacture Of Electronic Components And Boards
No information on job gains number available
Announcement Date
15 June 2023
Employment effect (start)
15 June 2023
Foreseen end date
Description
Nobi is a tech company based in the Netherlands. It was founded in 2018 and is specialized in AI-based smart lamps for fall detection and vital function monitoring. From 2023, it decided to reshore all assembly operations, including the electronics assembly, from China to Aartselaar in Flanders, where it also develop innovation and prototypes. The CEO indicated cost-effectiveness of local production in Flanders compared to China as a primary reason for this shift. Nobi indicates that labor costs constitute only ten percent of its total production costs and assembling in Flanders could be up to eighteen percent cheaper than in China, with the potential for even greater profitability.
Eurofound (2023), Nobi, Reshoring in Belgium, factsheet number 303, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/303.
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