Brief: Bekaert: Phase Out Of Gelsenkirchen Activities By End 2023 Will Affect 77 Employees

NV Bekaert SA

21/10/2022 14:35

Oct 21 (Reuters) - NV BEKAERT SA  BEKB.BR : 
    * ANNOUNCED FOOTPRINT AND PORTFOLIO ADJUSTMENTS BBRG
    * HAS DECIDED TO CONSOLIDATE EUROPEAN ROPES MANUFACTURING
PLATFORM
IN UK AND PHASE OUT PRODUCTION ACTIVITIES IN GELSENKIRCHEN BY
END 2023
    * GELSENKIRCHEN: DECISION TO CLOSE LOSS-MAKING PLANT WILL
AFFECT
77 EMPLOYEES 
    * MANAGEMENT WILL EVALUATE OPTIONS TO MITIGATE SOCIAL IMPACT
FOR
AFFECTED EMPLOYEES 
    * UK OPERATIONS: ALL EUROPEAN STEEL ROPE MANUFACTURING
ACTIVITIES
WILL BE CENTRALIZED IN THE DONCASTER AND NEWCASTLE PRODUCTION
SITES

Source text: https://bit.ly/3yVnQV1
Further company coverage:  BEKB.BR 
 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))