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.
Salamander has developed to become a dynamic player in the service and shoe sectors, offering a large number of strong, well-known brands. As well as being active in the high turnover and yield-generating service sector (60 % of the company's turnover), Salamander continues to be involved in the more traditional sectors of shoe production (15 %) and international shoe retail (18 %). Salamander's industrial (8 %) and property businesses round off the company's portfolio. The company employs 3,500 in the shoe sector. The present restructuring is cutting 430 jobs in the sites of Kornwestheim, Vinningenand Schrozberg. The site of Bonyhad (HU) had previously been closed, causing the loss of 900.
Eurofound (2003), Salamander, Internal restructuring in Germany, factsheet number 60223, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60223.