Type
Closure
Country
Germany
Region
Brandenburg; Oberspreewald-Lausitz;
Location of affected unit(s)
Lauchhammer
Sector
Manufacturing
Manufacture Of Basic Metal And Fabricated Metal Products
Manufacture Of Fabricated Metal Products, Except Machinery And Equipment
25.62 - Machining

50 jobs
Number of planned job losses
Job loss
Announcement Date
15 August 2014
Employment effect (start)
15 August 2014
Foreseen end date
31 December 2014

Description

As announced on 15 August 2014, heavy equipment manufacturer Takraf is to cut 50 out of 285 jobs in Lauchhammer. The company plans to shut down its steel building department. The job reduction is due to tough competition in Europe and a weak order situation. The works council announced its plan to fight for maintaining jobs.  


Sources

  • 15 August 2014: Lausitzer Rundschau Online

Citation

Eurofound (2014), Takraf, Closure in Germany, factsheet number 77497, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77497.