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 (20 - 21) Manufacture of chemicals and pharmaceuticals 20 - Manufacture of chemicals and chemical products 20 - Manufacture of chemicals and chemical products
290 jobs Number of planned job losses
Announcement Date
20 December 2003
Employment effect (start)
1 January 2004
Foreseen end date
1 December 2005
Description
290 jobs will be shed on the production site of Grenzach, formerly owned by the Roche Group. A strong competition (among others from countries like India, China or Korea) makes this restructuring unavoidable. There is social agreement on this restructuring programme, named VITAL, that will be implemented during the next two years.
Sources
22 December 2003: Reformatorisch Dagblad
20 December 2003: DSM - Press release
22 December 2003: Het Financieele Dagblad
Citation
Eurofound (2003), DSM Nutritional Products (DNP), Internal restructuring in Germany, factsheet number 59013, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59013.