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25 Sep
12:19

Bekaert reaches preliminary agreement over Belgian restructuring

Belgian-headquartered wire producer Bekaert reached a preliminary agreement with trade unions at the beginning of this week regarding a restructuring plan affecting its Belgian operations. According to the agreement, layoffs will number 125 and not over 280 as previously planned by the group, Kallanish notes. As anticipated the biggest impact will be on the Moen plant dedicated to the production of steel fibre for concrete reinforcement, which the company int…
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