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.
Ardo, the Belgian frozen vegetable producer, announced the loss of 227 jobs in Austria and Belgium as part of a large restructuring aimed at improving competitiveness. The cuts involve the permanent closure of an Austrian factory and the shutdown of a production line in Ardooie.
In Belgium, the layoffs began with 27 staff members released in June, followed by an additional ten today. In Austria, the company plans the closure of its site by the end of 2027, which will lead to the cuts of 190 jobs. ACV union representatives voiced concerns during the meeting, while management emphasized the need to maintain operational efficiency.
The workforce of about 757 employees before reductions.
Eurofound (2026), Ardo, Internal restructuring in European Union, factsheet number 301241, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/301241.
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