Jan 5, 2024 at 1:26 PM Update: 11 minutes ago
VDL is discontinuing the business unit that supplies cast iron products. As a result, 140 employees will lose their jobs. VDL wants to guide the affected employees to new work, whether or not within the company.
The VDL Castings division, which is located in Hoensbroek, Limburg, makes cast iron products for trucks, machines and rail, among others. But the group is stopping because it is encountering various problems.
Substantial investments are required to make the foundry viable again. In addition, there are very strict environmental requirements that the foundry must meet. According to VDL, these requirements are even unattainable in a number of cases.
In addition, there is a lot of competition from within the European Union, which, according to VDL, receives a lot of state support. And competitors from outside the EU are less affected by high energy prices, because the countries in question have not imposed sanctions against Russia and the companies can therefore use cheaper energy.
The management has submitted an application to the works council to stop and has informed the staff, trade unions and benefits agency UWV about this.
VDL wants to completely close down the foundry during the course of this year. The 140 employees will therefore lose their jobs. The group wants to guide them to a new job and also looks at positions within its own company.
Image: ANP
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Economy
2024-01-05 12:26:48
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