Restructuring events
European Restructuring Monitor (ERM)
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.
German firm MAN Diesel will cut 550 jobs, or half of the staff at its Danish plant in Frederikshavn, Northern Jutland, due to the offshoring of its diesel engine output to Germany. Public service broadcaster Danmarks Radio (DR) reported the move on 4 August after its announcement at a staff meeting. The dismissals at the factory in Frederikshavn are due to take place by 3 September 2009. The large lay-off round will reportedly affect a number of the regional sub-suppliers to MAN Diesel.
As reported, Denmark has applied for assistance from the European Globalisation Adjustment Fund (EGF).
Eurofound (2009), MAN Diesel, Offshoring/Delocalisation in Denmark, factsheet number 69424, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/69424.