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.
Maytex is one of the major textile fabric producers in Slovakia. In order to save the company, which has filed for bankruptcy, the company crisis management dismissed 162 employees in March and April 2004. This crisis management believes the chance to save the company is real and Maytex could be a prosperous company in the future.
Eurofound (2004), Maytex, Bankruptcy in Slovakia, factsheet number 60383, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60383.