Arr. Antwerpen; Prov. Antwerpen; Vlaams Gewest
Location of affected unit(s):
Manufacture of chemicals and chemical products
20.59 - Manufacture of other chemical products n.e.c.
Planned Job Reductions min:
Planned Job Reductions max:
Type of Restructuring:
Employment Effect Start:
Foreseen End Date:
The Agfa-Gevaert group whose activity consists of medical and graphic imagery techniques has been in difficulties for several years. It needs to innovate, since it has fallen behind the competition with the introduction of digital technology and has also been ill-equipped to absorb raw material price increases.
The Agfa-Gevaert group wants to save 250 million euros per year between now and 2008. So, they are planning to make 2,000 people redundant worldwide, which is 15% of the total workforce, in the hope of getting the company onto a sound footing from where growth will be possible. Employees in Belgium will be particularly affected and at least 945 workers will lose their jobs, of which 892 will be at the companys headquarters in Mortsel (Antwerp). Agfa Gevaert employs 15,000 worldwide, including 4,000 in Mortsel.