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.
Scottish & Newcastle is shutting the Fountainbridge brewery in Edinburgh with a loss of 170 jobs. The reasons given are the plant's city-centre location, low capacity use and rising operating costs. This means it was 'no longer commercially viable' when demand for beer in the U.K. is stagnating, management declared. Affected employees will be offered retraining, relocation opportunities within the Group or redundancy compensation.
Eurofound (2004), Scottish & Newcastle, Internal restructuring in United Kingdom, factsheet number 59565, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59565.