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.
Danish meat producer Danish Crown is to cut 150 jobs and close the slaughterhouse in Faabog on Fuen over the next two months. In January 2014 the employees were informed that production was to be moved to Bugle in England, but no specific time line was mentioned. According to media sources, the last few activities in Faaborg will be closed down in the first quarter of 2016.
The closure is due a decline in the Danish pig market and high labour costs in Denmark. Danish Crown's press manager Jens Hansen said that despite the extra transport costs, labour costs in England are 60% of what they are in Denmark.
Eurofound (2015), Danish Crown, Offshoring/Delocalisation in Denmark, factsheet number 79305, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/79305.