The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture of food and beverage Manufacture of food products 10.51 - Manufacture of dairy products
168 jobs Number of planned job losses
Announcement Date
6 May 2025
Employment effect (start)
7 May 2025
Foreseen end date
Description
Olympia, a Belgian dairy producer and part of the Royal A-ware Food Group, has announced it will be closing its facility in Pajottegem. The main reasoning behind the closure is the outdated infrastructure that would require financial investments that are economically unfeasible. Royal A-Ware, which took over the facility in 2022, invested in the facility to increase its efficiency, but failed to do so. All 168 are currently facing dismissal. As is required by the Renault-Law, trade unions and employees are now being informed and consulted.
Eurofound (2025), Olympia, Closure in Belgium, factsheet number 202700, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/202700.
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