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 10.81 - Manufacture of sugar
274 jobs Number of planned job losses
Announcement Date
23 May 2007
Employment effect (start)
Foreseen end date
28 February 2007
Description
German Südzucker AG, the leading sugar processor, claims to be affected by the European sugar policy and announced plant closures. In the past two years already two plants in Poland were closed.
On 22 May the supervisory board decided to shut down two plants in Germany by February 2008. 274 jobs will be shed at Groß-Gerau and Regensburg. According to the employees’ representative at the supervisory board, about 50 per cent of the employees shall find a new job at other Südzucker plants in the south of Germany.
On 23 May CEO Theo Spettmann informed the German press that Südzucker’s French subsidiary Saint Louis Sucre decided earlier this year to close the refinery operations of its subsidiary Saint Louis Sucre at Marseille by 1 October 2007. No figures on number of employees and jobs affected were given. Saint Louis Sucre, for which exports have to date made up a high proportion of overall sales quantities, was negatively affected by changes of the European sugar policy, the company said. In France, the closure of still another plant is very likely, Spettmann said.
Südzucker posted an annual loss of 246 million EUR in 2006. The loss related to the sugar manufacturing division. Other divisions of the group were not affected.
Südzucker employs an international workforce of 10,885 in the sugar manufacturing division and a total workforce of 19,000. The sugar division comprises the companies Südzucker AG; Südzucker International, rafinery Tirlemontoise, Saint Louis Sucre, AGRANA and AGRANA International in Germany, Belgium, France, Austria, Slovakia, Czech, Hungary, Moldavia and Rumania.
Sources
24 May 2007: Handelsblatt
Citation
Eurofound (2007), Südzucker, Saint Louis Sucre, Internal restructuring in European Union, factsheet number 65396, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65396.
Digitisation and automation technologies, including artificial intelligence (AI), can affect working conditions in a variety of ways and their use in the workplace raises a host of new ethical concerns.
The retail banking sector is fertile ground for studying the impacts of digitalisation on work and employment. Financial services are increasingly provided online, without the intermediary of customer-facing institutions.
European labour markets have recovered strongly from COVID-19. By the end of 2021, little more than 18 months after the start of the pandemic, employment rates in the EU were almost at pre-crisis levels.
