Netherlands -Bankruptcy because of energy costs -January 02, 2013

Aluminium producer Aldel has filed for bankruptcy. A substantial part of the 300 employees will lose their jobs. Background is the decision of energy provider EON to stop delivery of electricity, after Aldel appeared not to be able to pay the bills. EON terminated the contract per 1 January 2014. Aldel has been trying to lower the energy costs, which are some 25% higher than in neighbouring Germany. Some cost reduction measures had been taken by the Ministry of Economic Affairs earlier in 2013, but appeared not to suffice. Shareholder Klesch, a UK investment company, was not prepared to invest extra money. A regional protest group has started a campaign to demand attention from political the Hague for problems in the province.

English: http://www.eurofound.europa.eu/emcc/erm/factsheets ...  

http://www.nltimes.nl/2014/01/03/part-aldel-remains-open/

http://www.nltimes.nl/tag/aldel/

 

For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Mariya Nikolova mnikolova@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. You may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.


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