LM Glasfiber

Type
Internal restructuring
Country
Denmark
Region
Danmark; Midtjylland;
Location of affected unit(s)
Engesvang, Lunderskov, Hammelev, Hårup
Sector
Manufacturing
(28) Manufacture of machinery and equipment
28 - Manufacture of machinery and equipment n.e.c.
28 - Manufacture of machinery and equipment n.e.c.
737 jobs
Number of planned job losses
Job loss
Announcement Date
15 December 2003
Employment effect (start)
1 October 2003
Foreseen end date

Description

LM Glasfiber produces wings for windmills. In December 2002 LM Glasfiber dismissed 137 employees, in March 2003 70 employees, in May 450 jobs and in October a further 80. The reason is a recessive market in Germany. Unions and Public Employment Service are informed and work together in finding other jobs or training programmes. The number of 3100 employees mentioned (hereof 2340 in DK) was the number employed in December 2002 when the redundancies started.

Sources

  • 8 April 2003: Jyllands-Posten
  • 15 February 2002: Politiken
  • 29 September 2003: www.sid.dk
  • 6 March 2003: Erhvervsbladet

Citation

Eurofound (2003), LM Glasfiber, Internal restructuring in Denmark, factsheet number 59788, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59788.