Danyard

Type
Internal restructuring
Country
Denmark
Region
Danmark; Nordjylland; Nordjylland
Location of affected unit(s)
Aalborg
Sector
Manufacturing
(29 - 30) Manufacture for transport equipment
30 - Manufacture of other transport equipment
30 - Manufacture of other transport equipment
150 jobs
Number of planned job losses
Job loss
Announcement Date
28 June 2003
Employment effect (start)
1 June 2003
Foreseen end date
1 July 2003

Description

Danyard Aalborg builts luxuory yachts. Failing orders lead to the announcement of redundancy of 150 redundancies out of 240 employees, before the sommer vacation begins. They will be dissmissed when the building of a seven stores' yacht is finished.

Sources

  • 30 June 2003: Børsen

Citation

Eurofound (2003), Danyard, Internal restructuring in Denmark, factsheet number 60155, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60155.