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 Manufacture Of Basic Metal And Fabricated Metal Products Manufacture Of Fabricated Metal Products, Except Machinery And Equipment 25.62 - Machining
New offshoring locations
China, Poland
100 jobs Number of planned job losses
Announcement Date
4 October 2018
Employment effect (start)
4 October 2018
Foreseen end date
31 March 2019
Description
The Finnish wind turbine manufacturer Aluwind has announced plans to close its factory in Ringe, which was inaugurated in 2008, due to fierce competitiveness in the business, decrease in prices and fluctuations in the market demand. As a result, 100 out of the 115 employees at the site will be made redundant by April 2019. The company will move its production to China and Poland, where it already operates. The remaining 15 employees will work in sales, logistics and other group functions.
Sources
Citation
Eurofound (2018), Aluwind, Offshoring/Delocalisation in Denmark, factsheet number 95793, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/95793.
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