EMCC European Monitoring Centre on Change

Warneton Industrie

Company/Organisation:
Warneton Industrie

Geographic Location

Country: Belgium
Region: Arr. Mouscron; Prov. Hainaut; Région Wallonne
Location of affected unit(s): Warneton (Comines)

Company

Sector: Manufacturing
Manufacture of rubber and plastics products, and other non-metallic mineral products
23.42 - Manufacture of ceramic sanitary fixtures
Number Employed: 230
Group: Sanitec

Employment Effects

Announcement Date: 21-02-2003
Planned Job Reductions min: 210
Planned Job Reductions max: 230
Type of Restructuring: Bankruptcy/Closure
Employment Effect Start: 01-01-2003
Foreseen End Date: 01-03-2003
Direct Dismissals: 145

Additional Information

Warneton industries, subsidiary of Sanitec, is closing down. The group expects to spend 11,25 million euros to accompany this closure. An outplacement unit will function as of January 5.