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 For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.3 - Manufacture of parts and accessories for motor vehicles
New offshoring locations
Not Available
80 - 160 jobs Number of planned job losses
Announcement Date
26 May 2006
Employment effect (start)
17 November 2006
Foreseen end date
Description
The British multinational Wagon Automotive, a manufacturer of vehicle body structures, has adopted a restructuring plan under which 15% of its production must come from countries with low wage costs. As part of this restructuring, the Fleurus-based plant, specialised in the production of technical equipment for cars, is threatened. The plant currently employs 160 people. Employment effects are expected to start in 2007 but social partners are negotiating a social plan. Updated information on 17 November 2006 reports that following a couple of weeks of negotiations, 80 people (around the half of the current workforce) have accepted the social plan.
Sources
13 October 2006: Le Soir
29 May 2006: La Dernière Heure
22 May 2006: Gazet van Antwerpen
17 November 2006: Trends
Citation
Eurofound (2006), Wagon Automotive, Offshoring/Delocalisation in Belgium, factsheet number 63556, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63556.
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