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.
Centre — Val de Loire; Centre — Val de Loire; Eure-et-Loir
Location of affected unit(s)
Dreux
Sector
Manufacturing (26 - 27) Manufacture of electrical, electronic and optical products 26 - Manufacture of computer, electronic and optical products 26 - Manufacture of computer, electronic and optical products
New offshoring locations
Hungary
295 jobs Number of planned job losses
Announcement Date
3 February 2003
Employment effect (start)
1 March 2003
Foreseen end date
1 December 2004
Description
The Philips unit of Dreux will be relocated in Hungary due to the price drop.
Citation
Eurofound (2003), Philips France, Offshoring/Delocalisation in France, factsheet number 60101, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60101.