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.
Danish producer of toys Lego will close its operations in the German town of Hohenwestedt. 126 jobs are affected. Lego's figures have dipped into the red in recent years and the company has cut employment - mainly at its subsidiaries abroad. Many functions have been centralised at Lego's headquarters in Billund Denmark.
Eurofound (2005), Lego, Internal restructuring in Germany, factsheet number 62220, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62220.