Limitations to production in Antwerp, Belgium
Stockholm, Sweden, March 20, 2020: Due to new regulations from the Belgian government Atlas Copco’s production in Antwerp, Belgium is affected. A large part of the final assembly is temporarily stopped, while the compressor element production and the distribution center continue to operate. In total 900 out of 1400 employees will be temporarily unemployed from March 23 until April 2.
Airpower in Belgium is Atlas Copco’s largest production site and manufactures mostly industrial and portable compressors.
At least 50% of the workforce in the distribution center and the compressor element production will continue to work to guarantee continuity for spare parts and compressors for hospitals and other crucial sectors such as water treatment plants, the pharmaceutical industry, and the food industry.
Since the Belgian government announced new requirements for companies March 17, Atlas Copco has implemented a number of measures, focusing on hygiene and safety, among them a new way of working that ensures social distancing. However, in dialogue with the Unions Atlas Copco has decided to temporarily limit production.
These limitations will be effective from Monday, March 23 and last until April 2.
Atlas Copco is closely monitoring the effects of the Corona virus, both short term and long term. At the moment all other major production sites are in operation.
For more information, contact:
Sara Liljedal, Media Relations Manager
+46 8 743 8060 or +46 72 144 1038
media@atlascopco.com
Daniel Althoff, VP Investor Relations
+46 8 743 95 97 or +46 768 99 95 97
ir@atlascopco.com
Atlas Copco Group
Great ideas accelerate innovation. At Atlas Copco we have been turning industrial ideas into business-critical benefits since 1873. By listening to our customers and knowing their needs, we deliver value and innovate with the future in mind.
Atlas Copco is based in Stockholm, Sweden with customers in more than 180 countries and about 39 000 employees at year-end. Revenues of BSEK 104/10 BEUR in 2019.