EMCC European Monitoring Centre on Change

Vestfrost

Company/Organisation:
Vestfrost

Geographic Location

Country: Denmark
Region: Ribe amt
Location of affected unit(s): Esbjerg

Company

Sector: Manufacturing
Manufacture of electrical equipment
27 - Manufacture of electrical equipment
Number Employed: 763

Employment Effects

Announcement Date: 27-09-2006
Planned Job Reductions min: 174
Planned Job Reductions max: 174
Type of Restructuring: Offshoring/Delocalisation
Employment Effect Start: 01-12-2006
Direct Dismissals: 174

Additional Information

The Danish manufacturer of refrigerators and freezers, Vestfrost in Esbjerg, announced at a meeting with the employees on 20 September 2006 that 174 employees will be made redundant. Vestfrost has concluded an agreement with Turkish Vestel to relocate some of the production from Esbjerg to Turkey in order to achieve lower labour costs. Vestfrost has opened a jobcentre with the aim to find new jobs for the dismissed.