Wavin N.V.
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Publicatie datum
14 mrt 2008 - 10:28
Statutaire naam
Wavin N.V.
Titel
WAVIN ANNOUNCES DOWNSIZING OF OPERATIONS IN IRELAND
Bericht
Wavin N.V., Zwolle, 14 March 2008 – Wavin, Europe’s leading supplier of plastic pipe systems and solutions, is today announcing that it intends to change the size of its operations in Ireland. This decision is a direct result of the decline of the Irish construction market. The changes include downsizing of the production capacity in Balbriggan, a consolidation of distribution operations and a reduction in the number of overhead functions.
All in all, approximately 50 positions will potentially be made redundant. Wavin currently has 198 employees in Ireland. Trade Unions have been informed and a formal consultation process has started.
As a result of these measures, Wavin Ireland will have an organisation that is adjusted to the existing market environment and continue to play a leading role in the Irish market. The company expects to complete all proposed changes in the course of Q3 2008.
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