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, Printing And Reproduction Of Recorded Media Printing And Reproduction Of Recorded Media 18 - Printing and reproduction of recorded media
235 - 260 jobs Number of planned job losses
Announcement Date
30 June 2009
Employment effect (start)
30 June 2009
Foreseen end date
Description
Giethoorn ten Brink, a company in the publishing sector, will close its plant in Hungary, leading to the loss of between 235 and 260 jobs.
On 30 June 2009 Euradius announced it will take over part of the activities of Giethoorn ten Brink, which was declared bankrupt a week earlier. The Giethoorn Plant in Hungary will close, leading to the loss of between 235 and 260 jobs, while between 75 and 100 Dutch employees (mainly in production) will retain their jobs.
Sources
30 June 2009: Het Financieele Dagblad
Citation
Eurofound (2009), Giethoorn ten Brink, Internal restructuring in European Union, factsheet number 69215, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69215.
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