Eternit to cut 95 jobs at Belgian plant citing low-cost non-EU competition

Eternit announced plans to cut 95 of 386 jobs at its Kapelle-op-den-Bos site, citing competitive pressure from non-European producers with production costs over 50% lower, leading to underutilization. The company warns of further competitiveness loss without adjustments, and is studying European-level measures. This reflects broader European manufacturing strain from import competition, though the direct market impact is limited to the company and local economy.