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 (24 - 25) Manufacture of metals 24.5 - Casting of metals 24.52 - Casting of steel
650 jobs Number of planned job creations
Announcement Date
18 June 2008
Employment effect (start)
30 June 2008
Foreseen end date
30 June 2011
Description
Ukrainian steel company, Vorskla Steel, plans to expand business activities in its electro steel plant in Frederikværk by creating 650 jobs over the next three years.
In 2001 the then Danish Company, Dansteel, had to close making 1100 redundant.
Sources
19 June 2008: Frederiksborg Amtsavis
Citation
Eurofound (2008), Vorskla Steel, Business expansion in Denmark, factsheet number 66767, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/66767.