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.
In the aftermath of the European Union's Court of Justice decision to rule a German tax loophole illegal that allowed companies to avoid high taxes on cigarettes that smokers must assemble themselves, British-American Tobacco decided to stop manufacturing this type of cigarettes. The group's company Brinkmann announced to cut 242 jobs at its Bremen plant.
Eurofound (2006), Brinkmann, Internal restructuring in Germany, factsheet number 63337, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/63337.