The news came like a thunderclap: at a meeting with its staff delegation on 5 February 2025--as recounted in a press release from trade union LCGB--security company Protection Unit announced that it would soon be ceasing its activities in Luxembourg.

The impact of the Covid-19 pandemic, soaring costs and the recent bankruptcy of Caritas Luxembourg--one of Protection Unit biggest Luxembourg customers--finally convinced the company that the Luxembourg market offered “no prospect of improvement in the medium term,” as the company said in a press release.

Against this backdrop, the company decided to sell its activities to a third party, in order to prioritise job stability and continuity of service to customers. It has stated that the move is part of a legal reorganisation involving the transfer of the company.

300 jobs at risk

Since its creation in Liège in 2009, Protection Unit has gradually expanded into Brussels, Flanders and Luxembourg. The company now employs nearly 3,000 people, including almost 300 in Luxembourg.

The LCGB, the company’s majority union, says it was “stunned” by the announcement and immediately called an emergency meeting with management to “understand and clarify” how it came to this.

The union intends to ensure strict compliance with the legal and contractual framework for company transfers, while making sure that there is no adverse impact on the employees concerned, particularly in terms of the payment of their wages. Whatever happens between now and the conclusion of the transfer, salaries, jobs and working conditions will remain unchanged, says Protection Unit in its statement.

This article in French.