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 Basic Metals 24.1 - Manufacture of basic iron and steel and of ferro-alloys
New offshoring locations
Various EU Locations
100 jobs Number of planned job losses
Announcement Date
6 November 2018
Employment effect (start)
1 January 2019
Foreseen end date
Description
Saint Gobain Steel producer, the French producer of iron pipes and ductile iron pipes and fittings for water and sewage networks, announced the loss of 100 out of 285 jobs in Saarbrücken. Because of the difficult market conditions, the company decided to streamline its business operations and to move parts of the production process currently based in Saarbrücken across the border to its plant in Lothringia. A clear timelinehas not been released yet.
Sources
Citation
Eurofound (2018), Saint-Gobain PAM, Offshoring/Delocalisation in Germany, factsheet number 96323, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/96323.
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