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 Chemicals And Pharamceuticals Manufacture Of Basic Pharmaceutical Products And Pharmaceutical Preparations 21 - Manufacture of basic pharmaceutical products and pharmaceutical preparations
110 jobs Number of planned job losses
Announcement Date
1 December 2010
Employment effect (start)
1 December 2010
Foreseen end date
31 December 2011
Description
On 1 December 2010, the daily Frankfurter Rundschau reported the loss of 110 jobs at the pharmaceutical company Sanofi-Aventis. Affected jobs are at its development site in Kastengrund, where some 190 employees are working. The site will be closed down in 2011. 110 jobs will be cut and the remaining staff members will be transferred to the company's industrial park in Hoechst.
Sources
1 December 2010: Frankfurter Rundschau
Citation
Eurofound (2010), Sanofi-Aventis, Closure in Germany, factsheet number 71289, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/71289.
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