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 Basic Metal And Fabricated Metal Products Manufacture Of Fabricated Metal Products, Except Machinery And Equipment 25 - Manufacture of fabricated metal products, except machinery and equipment
New offshoring locations
Germany
110 jobs Number of planned job losses
Announcement Date
7 July 2005
Employment effect (start)
Foreseen end date
Description
Format Tresorbau, producer of safes, is to move back its production from Poland to Germany. The company claims that this measure was enforced by rising transportation costs and workforce costs in CEE countries, as well as 'Quality level different than in Germany'. The company reopened its production line in German Lichtenau, near Kassel. It will hire 36 new workers there.
Sources
7 July 2005: Yahoo Deutschland
Citation
Eurofound (2005), Format Tresorbau, Offshoring/Delocalisation in Poland, factsheet number 62110, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62110.
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