AGC Glass Europe

Company/Organisation:
AGC Glass Europe

Geographic Location

Country: Belgium
Region: Arr. Nivelles; Prov. Brabant Wallon; Région Wallonne
Location of affected unit(s): Louvain La Neuve

Company

Sector: Manufacturing
Manufacture of rubber and plastics products, and other non-metallic mineral products
23.1 - Manufacture of glass and glass products
Number Employed: 612

Employment Effects

Announcement Date: 03-07-2020
Planned Job Reductions min: 95
Type of Restructuring: Internal restructuring
Employment Effect Start: 03-07-2020

Additional Information

AGC Glass Europe, a Belgian manufacturer of glass products has announced internal restructuring measures. In total 95 of the 612 employees are at risk of losing their jobs. The company management has stated the restructuring is necessary and will allow for a buffer in the coming years where they expect a significant reduction in turnover. The company has been struck by the current Covid-19 crisis, which has led to a standstill in both the construction and automotive sector, both important markets for the company.

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