EMCC European Monitoring Centre on Change

Deutsche Steinkohle (DSK)

Company/Organisation:
Deutsche Steinkohle (DSK)

Geographic Location

Country: Germany
Location of affected unit(s): Lohberg/Osterfeld, Warndt/Luisenthal

Company

Sector: Mining / quarrying
Mining and quarrying
05 - Mining of coal and lignite
Group: RAG

Employment Effects

Announcement Date: 14-08-2003
Planned Job Reductions min: 5500
Planned Job Reductions max: 5500
Type of Restructuring: Internal restructuring
Employment Effect Start: 01-09-2003
Foreseen End Date: 01-12-2005
Other Job Reduction Measures: 5500

Additional Information

Since 1997 the German mining industry is regulated by the 'Kohlekompromiss', which foresees a gradual reduction of coal production and state aids into the sector until 2005. To meet these conditions set by the EU, DSK plans the closure of two mines by the end of 2005, which will lead to a loss of 5,500 jobs. Redeployment programmes (including training possibilities) have been set up to avoid any direct dismissals; these programmes are managed by DSK.

Sources:

23-09-2003DSK Press release
14-08-2003Financial Times Deutschland
19-09-2003DSK Press release