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 (20 - 21) Manufacture of chemicals and pharmaceuticals 20 - Manufacture of chemicals and chemical products 20 - Manufacture of chemicals and chemical products
57 jobs Number of planned job losses
Announcement Date
19 November 2004
Employment effect (start)
Foreseen end date
Description
Rexim, French subsidiary of the group Degussa, leading producer of amino acids and their derivatives for pharmaceutical and nutritional applications, will cut 57 jobs (out of 420). The decision was taken as a consequence of significant market share losses on bottom-of-the-range products. Negotiations are being held concerning the reduction measures.
Sources
19 November 2004: Les Echos
Citation
Eurofound (2004), Rexim, Internal restructuring in France, factsheet number 60859, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/60859.