EMCC European Monitoring Centre on Change

Dansteel A/S

Company/Organisation:
Dansteel A/S

Geographic Location

Country: Denmark
Region: Frederiksborg amt

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: 1080

Employment Effects

Announcement Date: 06-06-2002
Planned Job Reductions min: 1080
Planned Job Reductions max: 1080
Type of Restructuring: Bankruptcy/Closure
Employment Effect Start: 01-08-2002
Foreseen End Date: 01-09-2002
Direct Dismissals: 1080

Additional Information

Dansteel was purchased by Novolipetsk (Russia)the 3 October 2002. 3-400 will get their jobs back