EMCC European Monitoring Centre on Change

Volker Wessels Telecom Installaties

Company/Organisation:
Volker Wessels Telecom Installaties

Geographic Location

Country: Netherlands
Location of affected unit(s): Amersfoort

Company

Sector: Information / communication
Telecommunications
61 - Telecommunications
Group: VolkerWessels

Employment Effects

Announcement Date: 22-04-2005
Planned Job Reductions min: 372
Planned Job Reductions max: 372
Type of Restructuring: Bankruptcy/Closure
Employment Effect Start: 01-01-2006
Direct Dismissals: 372

Additional Information

The division of the VolkerWessels group active in the sector of fixed telephone centrals will stop its activities from January 1, 2006. The 372 employees will be dismissed. The evolution of the technologies and the competition with the mobile network are the reasons invoked by the group for this decision.