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 Material For Textiles, Apparel, Leather And Related Products Manufacture Of Textiles 13 - Manufacture of textiles
New offshoring locations
Romania, Germany
120 jobs Number of planned job losses
Announcement Date
16 January 2009
Employment effect (start)
Foreseen end date
Description
Amann Industries has announced 120 redundancies at its County Kerry textile plant. The German-owned company plans to relocate some jobs to Germany, but most will be relocated to lower-cost Romania. The company has attributed the redundancies to high manufacturing costs and the impact of the recession. The job losses will be in the processes of winding, dyeing and finishing threads. It will entail a reduction in employment at the textile plant from 340 to 220.
Sources
17 January 2009: The Irish Times
Citation
Eurofound (2009), Amann Industries, Offshoring/Delocalisation in Ireland, factsheet number 67854, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67854.
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