Reemtsma

Type
Internal restructuring
Country
Germany
Region
Rheinland-Pfalz; Trier; Eifelkreis Bitburg-Prüm
Location of affected unit(s)
Reemtsma Lahr
Sector
Manufacturing
(12) Manufacture of tobacco products
12 - Manufacture of tobacco products
12 - Manufacture of tobacco products
155 jobs
Number of planned job losses
Job loss
Announcement Date
30 March 2006
Employment effect (start)
Foreseen end date

Description

International Tobacco Group announced to cut 155 jobs at its Lahr cigarette manufacturing plant after the decision of the European Union’s Court of Justice to rule German tax distinctions between factory produced cigarettes and cigarettes assembled by smokers to be illegal. Direct dismissals will be avoided.

Sources

  • 13 April 2006: Handelsblatt

Citation

Eurofound (2006), Reemtsma, Internal restructuring in Germany, factsheet number 63336, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/63336.