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 (18) Printing and reproduction of recorded media 18.1 - Printing and service activities related to printing 18.1 - Printing and service activities related to printing
950 jobs Number of planned job losses
Announcement Date
4 June 2013
Employment effect (start)
4 June 2013
Foreseen end date
30 April 2014
Description
Gravure printing company Prinovis is to close its production site at Itzehoe by April 2014. As reported, the restructuring will affect 600 permanent staff and 350 agency workers. A severance package has already been agreed.
Eurofound (2013), Prinovis, Closure in Germany, factsheet number 76857, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/76857.