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: 589

Employment Effects

Announcement Date: 19-03-2007
Planned Job Reductions min: 240
Planned Job Reductions max: 240
Type of Restructuring: Offshoring/Delocalisation
Employment Effect Start: 01-07-2007
Direct Dismissals: 240

Additional Information

On 19 March 2007 the Danish manufacturer of refrigerators and freezers, Vestfrost in Esbjerg, announced that 240 employees will be dismissed as from July this year. The dismissals will take place in the frost box department, and their workplaces will be offshored to an EU country. The reason for offshoring are increasing prices on oil and metal - and lower labour costs in the new, so far not announced, EU country. At the end of 2006 Vestfrost dismissed 174 employees.