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 Rubber And Plastic Products And Other Non-Metallic Mineral Products Manufacture Of Other Non-Metallic Mineral Products 23 - Manufacture of other non-metallic mineral products
210 jobs Number of planned job losses
Announcement Date
16 July 2009
Employment effect (start)
Foreseen end date
31 August 2009
Description
On 16 July 2009, Austrian glass manufacturer Riedel announced it will cut around 210 jobs at its affiliate, Nachtmann. Nachtmann's production facility in Bavarian municipality of Riedlhütte is affected by this closure; it is scheduled for the end of August 2009. Nachtmann's parent company, Riedel, is struggling with declining sales.
Sources
16 July 2009: Die Presse
9 July 2009: Frankfurter Allgemeine Zeitung
Citation
Eurofound (2009), Nachtmann, Closure in Germany, factsheet number 69460, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69460.
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