EMCC European Monitoring Centre on Change

LM Glasfiber

Company/Organisation:
LM Glasfiber

Geographic Location

Country: Denmark
Region: Århus amt
Location of affected unit(s): Egesvang, Lunderskov, Hammelev, Hårup

Company

Sector: Manufacturing
Manufacture of machinery and equipment n.e.c.
28 - Manufacture of machinery and equipment n.e.c.
Number Employed: 3100
Group: LM Glasfiber

Employment Effects

Announcement Date: 15-12-2003
Planned Job Reductions min: 737
Planned Job Reductions max: 737
Type of Restructuring: Internal restructuring
Employment Effect Start: 01-10-2003
Direct Dismissals: 737

Additional Information

LM Glasfiber produces wings for windmills. In December 2002 LM Glasfiber dismissed 137 employees, in March 2003 70 employees, in May 450 jobs and in October a further 80. The reason is a recessive market in Germany. Unions and Public Employment Service are informed and work together in finding other jobs or training programmes. The number of 3100 employees mentioned (hereof 2340 in DK) was the number employed in December 2002 when the redundancies started.