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.
(10 - 33) Manufacturing (22 - 23) Manufacture of rubber, plastic and non-metallic minerals 23 - Manufacture of other non-metallic mineral products 23 - Manufacture of other non-metallic mineral products
200 jobs Number of planned job losses
Announcement Date
23 August 2002
Employment effect (start)
Foreseen end date
1 September 2002
Description
The original private company grew as did the scope of business. E expansion came with many changes which today result in a group of member companies under the holding company NACHTMANN CRYSTAL AG.
The operating companies are:
F.X. Nachtmann Bleikristallwerke GmbH, Kristallglasfabrik Spiegelau, Nachtmann leuchten design GmbH, Frank Import GmbH and Kristallglasfabrik Amberg GmbH & KG. Nachtmann's overseas subsidiaries integrated into the holdings are Nachtmann USA Inc. and Nachtmann UK Ltd. The limited company formed in 1993 still remains an entirely private limited company (Chairmen: Dipl. Kfm. Toni Frank, Dipl, Ing. Walter Frank).
Sources
Citation
Eurofound (2002), Nachtmann Crystal AG, Internal restructuring in Germany, factsheet number 59011, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/59011.
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