EMCC European Monitoring Centre on Change

Danyard

Company/Organisation:
Danyard

Geographic Location

Country: Denmark
Region: Nordjyllands amt
Location of affected unit(s): Aalborg

Company

Sector: Manufacturing
Manufacture of transport equipment
30 - Manufacture of other transport equipment
Number Employed: 240

Employment Effects

Announcement Date: 28-06-2003
Planned Job Reductions min: 150
Planned Job Reductions max: 150
Type of Restructuring: Internal restructuring
Employment Effect Start: 01-06-2003
Foreseen End Date: 01-07-2003
Direct Dismissals: 150

Additional Information

Danyard Aalborg builts luxuory yachts. Failing orders lead to the announcement of redundancy of 150 redundancies out of 240 employees, before the sommer vacation begins. They will be dissmissed when the building of a seven stores' yacht is finished.