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 Manufacturing Of Machinery And Equipment Manufacture Of Machinery And Equipment N.E.C. 28.9 - Manufacture of other special-purpose machinery
140 jobs Number of planned job losses
Announcement Date
27 October 2014
Employment effect (start)
27 October 2014
Foreseen end date
Description
The 140 staff of MWL Apparatebau in Grimma were given notice on 27 October 2014. According to Dutch Hertel, the German subsidiary no longer fits into the company’s portfolio and additionally suffered from a decline in international demand.
MWL produces thermotechnical appliances and pressure containers for the chemical industry. The staff was surprised by the sudden closure of the site in Grimma. Now trade union IG Metall and the city council are trying to find an investor who is interested in buying MWL and maintaining at least some of the jobs.
Sources
31 October 2014: MDR Online
4 November 2014: Focus Online
Citation
Eurofound (2014), MWL Apparatebau, Closure in Germany, factsheet number 77795, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77795.
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