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 10.11 - Processing and preserving of meat
1,000 jobs Number of planned job losses
Announcement Date
8 October 2005
Employment effect (start)
1 November 2005
Foreseen end date
28 February 2006
Description
The food processing company Danish Crown will close its bacon factory in Odense by the end of February 2006 and a department in Holbæk by the end of March 2006. This will affect approximately 1,000 employees of which 840 work in Odense, the rest in Holbæk. It is not known precisely how many will be made redundant but the management informs that it will not be realistic to find work for all implicated employees. The employees will be offered jobs in the factories in Fåborg, Ringsted and Horsens. The reason for the closure is an expected decline in bacon production for 2006.
Sources
9 October 2005: Berlingske Tidende
Citation
Eurofound (2005), Danish Crown, Closure in Denmark, factsheet number 62470, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62470.
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