On March 14, the Wavin Group, a major European manufacturer of plastic piping systems, announced plans to scale back its operations in Ireland. The move involves reducing production capacity at its Balbriggan plant near Dublin, streamlining regional management, and optimizing logistics distribution. While the exact amount of production cut and specific products affected remain undisclosed, the company revealed that 50 out of the plant’s 198 employees will be laid off. The restructuring is expected to be completed by September.
Despite a 26.7% rise in net profit in 2007, Wavin expressed concerns about the future of the plastic pipe market in the UK and Ireland. The decision comes as the Irish construction sector continues to shrink. However, the group emphasized that the adjustment will not impact its leading position in the Irish market for plastic piping solutions.
Wavin, based in Zwolle, the Netherlands, operates across 28 European countries, with production facilities in 17 of them. In 2007, the company reported revenue of €1.6 billion. It offers comprehensive solutions for water treatment, sewage, drainage, cooling, heating, and wastewater management.
The company has been expanding aggressively through acquisitions, new factories, and sales channels. Most recently, it acquired Turkish plastics firm Pilsa Plastics in January of this year. This latest move reflects Wavin’s ongoing strategy to strengthen its presence in key markets while adapting to changing economic conditions.
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