EMCC European Monitoring Centre on Change

Corus

Company/Organisation:
Corus

Geographic Location

Country: Germany
Region: Nordrhein-Westfalen
Location of affected unit(s): Troisdorf

Company

Sector: Manufacturing
Manufacture of basic metals and fabricated metal products, except machinery and equipment
24.1 - Manufacture of basic iron and steel and of ferro-alloys
Number Employed: 844
Group: Corus

Employment Effects

Announcement Date: 24-07-2003
Planned Job Reductions min: 140
Planned Job Reductions max: 140
Type of Restructuring: Bankruptcy/Closure
Employment Effect Start: 01-07-2003
Direct Dismissals: 140

Additional Information

Due to the losses occured at the Troisdorf unit, Corus announced the closure of one production units affecting 140 employees. More reorganisations should take place in 'Special Sections' (844 employees on the Troisdorf site).