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 Motor Vehicles, Trailers And Semi-Trailers 29.32 - Manufacture of other parts and accessories for motor vehicles
150 jobs Number of planned job losses
Announcement Date
24 January 2013
Employment effect (start)
1 January 2013
Foreseen end date
31 December 2015
Description
Recticel Automotive, the German subsidiary of the Belgian Recticel Group, announced that it failed to gain new orders to compensate for a lost order by Mercedes. It will have to shut down large parts of its Rheinbreitbach plant.
150 manufacturing jobs will go by 2015. In 2013 temporary workers are set to leave. It is reported that administrative positions will stay, as Rheinbreitbach is the German headquarter of the operations.
Sources
24 January 2013: Kölnische Rundschau
Citation
Eurofound (2013), Recticel Automotive, Internal restructuring in Germany, factsheet number 74875, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/74875.
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