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 Computer, Electrical Electronic And Optical Products Manufacture Of Computer, Electronic And Optical Products 26 - Manufacture of computer, electronic and optical products
100 jobs Number of planned job losses
Announcement Date
27 May 2005
Employment effect (start)
Foreseen end date
Description
On Friday 27 May 2005, JST Europe, a connectors manufacturer for telecom, white goods and automotive markets, announced its closure. The daughter company of Japanese JST-Manufacturing, based in Kampenhout has a workforce of 100. In 2004, following the loss of a major customer, JST Europe had already faced a restructuring in which 38 employees were dismissed. Following the announcement, employees went on strike and blocked the access to the plant. Union representatives expect some negotiations with the Japanese management in order to maintain activity and save wages.
Sources
27 May 2005: Le Soir
Citation
Eurofound (2005), JST Europe, Closure in Belgium, factsheet number 61667, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61667.
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