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 Rubber And Plastic Products And Other Non-Metallic Mineral Products Manufacture Of Other Non-Metallic Mineral Products 23.51 - Manufacture of cement
120 jobs Number of planned job losses
Announcement Date
4 September 2004
Employment effect (start)
Foreseen end date
31 December 2006
Description
Holcim, cement producer based in Obourg (Hainaut), announced on 4 September 2004 a restructuring plan implying the collective redundancy of 134 employees, following the Belgian ‘Renault' procedure. The company's objective is a productivity of 10,000 tons of cement per head. From 310, the workforce will pass on to 180. These cuts are to be achieved mainly in the cleaning (50) and production (60) units. On 19 November 2004, after negotiations within the Renault procedure, the final number of redundancies was set to 120. These will be scheduled in 2005 and 2006 and will include early retirement measures.
Sources
4 September 2004: Les Echos
11 September 2004: Le Soir
19 November 2004: Les Echos
Citation
Eurofound (2004), Holcim, Internal restructuring in Belgium, factsheet number 60606, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60606.
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