Philippe Daneels, founder and president of the Belgium-headquartered tyre company, said Solideal, which laid off 1,100 workers recently, might slash more jobs as it expected a five per cent contraction in global exports in 2009.
Solideal had a workforce of 8,100 before its started downsising at its production plants.
Speaking to Khaleej Times, Daneels said the company was also pondering an expansion into
Daneels, who founded the company along with his compatriot Pierre Pringiers, Solideal has become a vertically integrated group with R & D facilities based in
“As a specialist manufacturer of tyres for the material handling and construction industries, our mission is to enhance mobility for the productive world.”
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