Olhausen

Type
Bankruptcy
Country
Ireland
Region
Ireland;
Location of affected unit(s)
Dublin, Monaghan
Sector
Manufacturing
(10 - 11) Manufacture of food and beverage
10.1 - Processing and preserving of meat and production of meat products
10.11 - Processing and preserving of meat, except of poultry meat
160 jobs
Number of planned job losses
Job loss
Announcement Date
9 October 2012
Employment effect (start)
10 October 2012
Foreseen end date

Description

Food processing company Olhausen has announced 160 job losses at three plants in Ireland.

Olhausen company is a producer of sausages and has been operating in Ireland for over 100 years. Ulster Bank has appointed a receiver to the company after workers were informed that the company is no longer a going concern and has stopped production at all three factories. They will be paid their outstanding salaries as well as statutory redundancy.

Sources

  • 10 October 2012: RTE news

Citation

Eurofound (2012), Olhausen, Bankruptcy in Ireland, factsheet number 74322, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/74322.