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 (28) Manufacture of machinery and equipment 28 - Manufacture of machinery and equipment n.e.c. 28 - Manufacture of machinery and equipment n.e.c.
170 jobs Number of planned job losses
Announcement Date
15 March 2005
Employment effect (start)
1 April 2005
Foreseen end date
1 July 2005
Description
The Danish company LM Glasfiber, which manufactures wings for windmills in several countries, announced in March 2005 that around 170 employees in Lunderskov, Denmark, would be made redundant. The exact number of redundancies will first be decided after local negotiations with the employees. LM Glasfiber has a total workforce of 2,600.
Sources
16 April 2005: Politiken
Citation
Eurofound (2005), LM Glasfiber, Internal restructuring in Denmark, factsheet number 61356, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61356.