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.
Scotland; Highlands and Islands; Inverness and Nairn and Moray
Location of affected unit(s)
Dingwall
Sector
Manufacturing Manufacture Of Food And Beverage Manufacture Of Food Products 10.20 - Processing and preserving of fish, crustaceans and molluscs
163 jobs Number of planned job losses
Announcement Date
28 November 2018
Employment effect (start)
Foreseen end date
31 December 2018
Description
The Edinburgh Salmon Company (ESCo) has announced plans to close its factory in Dingwall, which will result in the loss of 163 jobs. The site which processes fish for wholesale and retail markets had announced in September that it was seeking a new buyer and that the company had suffered losses due to challenging market conditions. No buyer has been found, so the closure of the business has been confirmed, with individual consultations with employees due to begin shortly. The closure will happen by the end of 2018.
Sources
Citation
Eurofound (2018), Edinburgh Salmon Company, Closure in United Kingdom, factsheet number 96141, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/96141.
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