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 For Transport Equipment Manufacture Of Other Transport Equipment 30 - Manufacture of other transport equipment
163 jobs Number of planned job losses
Announcement Date
18 September 2009
Employment effect (start)
1 October 2009
Foreseen end date
31 December 2009
Description
AGC automotive, which manufactures windscreens, is about to cut 163 jobs on its site of Fleurus. Directly linked to the automobile sector, the company is severely affected by the crisis and the decrease of demand. At the beginning of 2000, the site employed 1200 workers, while only 150 workers will remain on the site after the restructuring. The trade unions now fear a probable closure of the site.
Sources
18 September 2009: L'Echo
Citation
Eurofound (2009), AGC Automotive, Internal restructuring in Belgium, factsheet number 69545, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69545.
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