EMCC European Monitoring Centre on Change

Gelsted Bygningsindustri

Company/Organisation:
Gelsted Bygningsindustri

Geographic Location

Country: Denmark
Region: Fyns amt
Location of affected unit(s): Funen

Company

Sector: Manufacturing
Manufacture of wood and paper products, and printing
16 - Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
Number Employed: 230
Group: Velux A/S

Employment Effects

Announcement Date: 21-10-2008
Planned Job Reductions min: 230
Planned Job Reductions max: 230
Type of Restructuring: Bankruptcy/Closure
Employment Effect Start: 01-01-2009
Direct Dismissals: 230

Additional Information

Gelsted Bygningsindustri, a producer of skylights owned by the Velux group, is to close with the 230 jobs in 2009. Consultations with the employees representatives have been going on during most October, but in the end the management decided to close the plant due to the recession. 50 employees will be hired in other Velux companies and for the rest the management will secure economic support regarding employment opportunities and training.