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 toy manufacturer Lego, which in October 2004 announced a serious economic crisis, has planned to relocate part of the production in Billund, Denmark, to Kladno in the Czech Republic. In this regard, at least 100 employees will be dismissed from the main Lego factory in Billund, although Lego would not reveal how many will be redundant and when the relocation will take place. Lego already owns a factory in Kladno. 2,700 employees are employed in Billund, hereof 1,600 in production.
Eurofound (2005), LEGO, Offshoring/Delocalisation in Denmark, factsheet number 61067, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61067.