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28 Mar
09:00

Bekaert to downsize in Belgium

Wire producer Bekaert is to restructure and downsize its Belgian activities in order to raise competitiveness, upgrade capability and speed in responding to customer needs and fast-moving market developments, it says. The company is taking action because “… increased competitive pressure and a too-high cost structure are affecting our margins,” the company adds in a note seen by Kallanish. The intended restructuring would affect 281 jobs in Be…
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