Company/Organisation:
Babcock Börsig
Geographic Location
Country:
World
Company
Sector:
Utilities
Electricity, gas, steam and air conditioning supply
35 - Electricity, gas, steam and air conditioning supply
Number Employed:
22000
Group:
Babcock Börsig
Employment Effects
Announcement Date:
05-07-2002
Planned Job Reductions min:
22000
Planned Job Reductions max:
22000
Type of Restructuring:
Bankruptcy/Closure
Additional Information
More than 13.000 jobs in Germany. Insolvency. Negociations with the government and the banks. 15 subsidiary companies are also threatened by insolvency.