Type
Internal restructuring
Country
Belgium
Region
Région Wallonne; Prov. Hainaut; Arr. Tournai
Location of affected unit(s)
Tournai
Sector
Manufacturing
Manufacture, Printing And Reproduction Of Recorded Media
Printing And Reproduction Of Recorded Media
18.12 - Other printing

100 jobs
Number of planned job losses
Job loss
Announcement Date
31 March 2014
Employment effect (start)
31 March 2014
Foreseen end date
30 September 2014

Description

Casterman Printing, a Belgian publisher of comic books, announced that it will cut 100 jobs in Tournai.

The jobs will be cut through collective redundancy.

The commercial court approved the company’s request for protection against creditors under the Act on Continuity of the Company. This gives Casterman printing six months to negotiate with the creditors and to create a restructuring plan.


Sources

  • 31 March 2014: Le Soir
  • 31 March 2014: Evadix

Citation

Eurofound (2014), Casterman Printing, Internal restructuring in Belgium, factsheet number 76830, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76830.