Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
The spa in Teplice nad Bečvou, one of the oldest Moravian spas, has announced 150 direct redundancies, which accounts for nearly half of spa's staff. The rest employees will temporarily terminate activity, as the centre will close doors for an unknown period of time due to government restrictions and the economic impact of COVID-19 pandemic. After the reopening, the spa will reduce capacity and will focus on urgent rehabilitation. The spa treats mainly cardiovascular and oncological diseases and currently employs 317 people.
Eurofound (2020), Teplice nad Bečvou Spa, Internal restructuring in Czechia, factsheet number 100128, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/100128.