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.
Revoz, a car manufacturer owned by French Renault, will terminate the night shift and cancel the contract with temporary work agencies. The decision will affect between 400 and 450 agency workers, mainly foreign workers from Bosnia and Hercegovina. Termination of their employments will become valid in June. Revoz currently employs 3,150 workers. The Slovenian factory continues production of Clio, Twingo and Smart Forfour and will initiate production of electric Twingo in the following months. As a consequence of layoffs, its output will decrease by 150 units to around 600 cars per day.
Eurofound (2020), Revoz, Internal restructuring in Slovenia, factsheet number 100756, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/100756.