Type
Internal restructuring
Country
World
Region
Location of affected unit(s)
Belgium, Poland, UK, USA
Sector
Manufacturing
Manufacture Of Rubber And Plastic Products And Other Non-Metallic Mineral Products
Manufacture Of Rubber And Plastic Products
22 - Manufacture of rubber and plastic products

330 jobs
Number of planned job losses
Job loss
Announcement Date
13 March 2009
Employment effect (start)
1 April 2009
Foreseen end date
31 December 2009

Description

The group Deceuninck, a manufacturer of PVC windows, is to cut 330 jobs by the end of 2009. Plants in Belgium, Poland, the United Kingdom and the United States will be affected. The group lost EUR 37.4 millions in 2008 due to the global economic crisis that hit hard the construction sector. The management expects better performance for 2010.


Sources

Citation

Eurofound (2009), Deceuninck, Internal restructuring in World, factsheet number 68495, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68495.