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.
Région Bruxelles-Capitale / Brussels Hoofdstedelijke Gewest;
Location of affected unit(s)
Brussels
Sector
Manufacturing Manufacture For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.3 - Manufacture of parts and accessories for motor vehicles
144 jobs Number of planned job losses
Announcement Date
4 May 2007
Employment effect (start)
7 May 2007
Foreseen end date
20 July 2007
Description
Arvin meritor is a subcontractor of the site of Volkswagen in Belgium, concerned recently by a prominent restructuring. VW was the only client of Arvin Meritor, which assembled the doors of the polo and golf. The reorganisation of the production at VW led to the production of 46,000 cars a year while the production was 200,000 a year, which is not enough for Arvin Meritor to survive.
The management announced at the beginning of May the planned closure of the firm for the 20th July 2007 which will lead to 144 lost jobs.
Sources
5 May 2007: L'Echo
Citation
Eurofound (2007), Arvin Meritor, Closure in Belgium, factsheet number 65361, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65361.
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