Unilever

Type
Reshoring
Country
Netherlands
Reshoring from
United Kingdom
Reshored business function
Region
West-Nederland; Zuid-Holland; Groot-Rijnmond
Location of affected unit(s)
Rotterdam
Sector
Manufacturing
(10 - 11) Manufacture of food and beverage
10 - Manufacture of food products
10 - Manufacture of food products
No information on job gains number available
Announcement Date
14 June 2018
Employment effect (start)
Foreseen end date

Description

Unilever is an Anglo-Dutch producer of consumer goods having two headquarters, one in Rotterdam (Netherlands) and the other in London (UK). The company announced its intention to move all headquarters activities to Rotterdam. It specified that the decision was not connected with Brexit, but Rotterdam was chosen because the firm mainly deals in Dutch shares. Moreover, the company announced that it will leave the FTSE 100, the English blue chip stock index, and will probably increase its weighting in the EuroStoxx index. 

Sources

Citation

Eurofound (2018), Unilever, Reshoring in Netherlands, factsheet number 64, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/64.