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 Beverages 11.05 - Manufacture of beer
170 jobs Number of planned job losses
Announcement Date
17 February 2004
Employment effect (start)
1 December 2004
Foreseen end date
Description
Scottish & Newcastle is shutting the Fountainbridge brewery in Edinburgh with a loss of 170 jobs. The reasons given are the plant's city-centre location, low capacity use and rising operating costs. This means it was 'no longer commercially viable' when demand for beer in the U.K. is stagnating, management declared. Affected employees will be offered retraining, relocation opportunities within the Group or redundancy compensation.
Sources
19 February 2004: The Financial Times
: S&N
17 February 2004: Press release
Citation
Eurofound (2004), Scottish & Newcastle, Internal restructuring in United Kingdom, factsheet number 59565, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/59565.
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