Restructuring events
European Restructuring Monitor (ERM)
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.
Siemens Energy France has announced a project to close the Dresser Rand compressor manufacturing unit at Le Havre (Seine-Maritime), where some 300 people work, out of a total of 560 people employed on this site. Some of the affected employees should be partly redeployed to the wind turbine manufacturing plant that Siemens Gamesa intends to open in the same town, at the end of 2021. Another part of the affected employees will also be offered a job at the gas power plant site that Siemens is to build for Total Direct Energie in Landivisiau (Finistère). Older employees could benefit from age-related measures, according to the reorganisation plan called, 'Le Havre energy transition 2022', presented to the employees' representatives. This plan will be applied throughout 2021.
The Dresser Rand factory, an American firm which has been taken over by Siemens in 2014 but is in difficulty, manufactures compression equipment for the oil industry. If the manufacturing workshop closes, the Dresser Rand site itself will not be closed, and will retain some 260 people for service and maintenance activities. The wind turbine factory (blades and nacelle assembly) that Siemens Gamesa is building in Le Havre for commissioning at the end of 2021 or early 2022, should, according to Siemens, generate 750 direct and indirect jobs.
Eurofound (2020), Dresser-Rand, Internal restructuring in France, factsheet number 101877, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/101877.
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