The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture Of Computer, Electrical Electronic And Optical Products Manufacture Of Electrical Equipment 27 - Manufacture of electrical equipment
New offshoring locations
Spain
175 jobs Number of planned job losses
Announcement Date
5 March 2005
Employment effect (start)
1 April 2005
Foreseen end date
1 December 2005
Description
The Danish wind mill manufacturer, Vestas, with 9,500 employees, hereof 725 in the main office in Randers, Denmark, are moving part of the wing production to Galicia, Spain, during autumn 2005, whereby 175 employees will loose their jobs.
Sources
5 March 2005: Berlingske Tidende
Citation
Eurofound (2005), Vestas Wind Systems, Offshoring/Delocalisation in Denmark, factsheet number 61324, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61324.