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 Food And Beverage Manufacture Of Food Products 10.1 - Processing and preserving of meat and production of meat products
140 jobs Number of planned job losses
Announcement Date
15 August 2005
Employment effect (start)
1 November 2005
Foreseen end date
1 December 2005
Description
The Danish Poultry production company, Danpo, announced mid-August 2005 that it will be necessary to dismiss 140 employees starting from November 2005 - 115 in Farre and 25 in Aars where the management hopes that the redundancies will be made by natural wastage. The redundancies are due to failing economy since 2002. In november 2005 Danpo opens a new plant in Aars with the aim to rationalise and increase production and hereby overcomethe crisis. The employees have long been aware that redundancies could not be avoided in the long perspective.
Eurofound (2005), Danpo, Internal restructuring in Denmark, factsheet number 62103, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62103.
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