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.
Région wallonne; Prov. Hainaut; Arr. Tournai-Mouscron
Location of affected unit(s)
Tournai
Sector
(10 - 33) Manufacturing (18) Printing and reproduction of recorded media 18.1 - Printing and service activities related to printing 18.12 - Other printing
100 jobs Number of planned job losses
Announcement Date
31 March 2014
Employment effect (start)
31 March 2014
Foreseen end date
30 September 2014
Description
Casterman Printing, a Belgian publisher of comic books, announced that it will cut 100 jobs in Tournai.
The jobs will be cut through collective redundancy.
The commercial court approved the company’s request for protection against creditors under the Act on Continuity of the Company. This gives Casterman printing six months to negotiate with the creditors and to create a restructuring plan.
Sources
31 March 2014: Le Soir
31 March 2014: Evadix
Citation
Eurofound (2014), Casterman Printing, Internal restructuring in Belgium, factsheet number 76830, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/76830.
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