EMCC European Monitoring Centre on Change

Ellwood Steel Belgium (ESB)

Company/Organisation:
Ellwood Steel Belgium (ESB)

Geographic Location

Country: Belgium
Region: Arr. Liège; Prov. Liège; Région Wallonne
Location of affected unit(s): Seraing

Company

Sector: Manufacturing
Manufacture of basic metals and fabricated metal products, except machinery and equipment
25 - Manufacture of fabricated metal products, except machinery and equipment
Number Employed: 90
Group: Ellwood Group

Employment Effects

Announcement Date: 10-09-2003
Planned Job Reductions min: 45
Planned Job Reductions max: 45
Type of Restructuring: Internal restructuring

Additional Information

The increase in electricity loads and an early payment on real estate taxes are the causes announced by the company to justify the restructuring measure. Trade unions of the old division of Tubemeuse quickly wish to meet the American direction of the group. 45 jobs are affected.