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.
Viterra, a company specialising in the large-scale management of housing, is reported to cut one third of its work-force. Viterra was recently sold by energy-giant E.ON to British hedge fund Terra Firma. Terra firma wants to focus Viterra's business and will close the departments for development and data processing. The way job losses will be managed was not disclosed.
Eurofound (2005), Viterra, Internal restructuring in Germany, factsheet number 61750, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61750.