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 Spanish Halcón Ceramics Group has announced a redundancy plan (ERE) encompassing 185 employees; moreover 550 temporary positions will be cut. This will have a huge impact on a company that employs around 1,000 people in Spain. The tile sector- concentrated in the province of Castellón- has been facing a difficult moment. Halcón needs to downsize the production because it is struggling with the increasing energy prices. The Halcón group, in the 'top 25' leading companies in ceramic production worldwide in 2021, is negotiating a dossier motivated by high energy costs.
Eurofound (2022), Halcón, Internal restructuring in Spain, factsheet number 107586, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/107586.