Restructuring events
European Restructuring Monitor (ERM)
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.
Salamander, German manufacturer of windows and doors, announced its plan to reduce its workforce by 50-54 positions in its Papenburg site. The company currently employs a total of 250 staff at this location. The job reduction will be affected by June 2015.
The company is planning to relocate the production of window profiles to Poland. According to the company production in Germany is no longer profitable. The job reduction shall be implemented in a socially accepted manner and severance payments will be offered.
The Salamander group currently employs 1,200 people in total and has recently run a turnover of €200 million. For Papenburg, an annual turnover of €30 million is forcasted. Salamander had already cut 80 jobs in 2013.
Eurofound (2015), Salamander, Offshoring/Delocalisation in Germany, factsheet number 78183, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/78183.