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.
Germany, Nordic countries, Eastern Europe (Poland)
Sector
Construction Construction Of Buildings And Infrastructure Engineering Construction Of Buildings 41.2 - Construction of residential and non-residential buildings
895 jobs Number of planned job losses
Announcement Date
7 November 2013
Employment effect (start)
1 January 2014
Foreseen end date
31 December 2014
Description
Netherlands-based technical services provider Royal Imtech is to cut additional 895 jobs at its European sites, notably in Germany, the Nordic countries and Eastern Europe (mailnly in Poland).
As announced, the group plans to cut in Germany an extra 300 FTE jobs on top of an existing restructuring. Additionally is reported that there will be 230 redundancies in Poland and 240 ones in the Nordic countries.
Imtech has already implemented a restructuring plan concluding to 1,355 job losses (seeImtech-EU2013).
Sources
7 November 2013: Imtech (press release)
Citation
Eurofound (2013), Royal Imtech, Internal restructuring in European Union, factsheet number 76177, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76177.
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