Rettenmeier

Type
Closure
Country
European Union
Region
Location of affected unit(s)
Gaildorf (Germany), Polomka (Slovakia)
Sector
Manufacturing
(16 - 17) Manufacture of wood and paper materials
16 - Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
16 - Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
250 jobs
Number of planned job losses
Job loss
Announcement Date
8 July 2011
Employment effect (start)
8 July 2011
Foreseen end date

Description

German wood processor Rettenmeier is closing its production sites in Gaildorf (Germany) and Polomka (Slovakia), which will affect 250 employees.

Rettenmeier processes and refines solid wood products. The company faces comprehensive restructuring. Apart from the closure of the two production facilities, other plants in Germany (Gaildorf, Hirschberg and Wilburgstetten) and Slovakia (Tatra) might be affected. Over the next years, the company claims to re-focus on its core activities and to give up non-core activities.

Sources

Citation

Eurofound (2011), Rettenmeier, Closure in European Union, factsheet number 72728, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/72728.