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 biggest European producer of piano and grand piano cases and other wooden parts of piano and grand piano is to dismiss over 200 people at its plant in Týniště nad Orlicí. The main reason is the termination of loss-making production for German customers. About 50 displaced workers may be reemployed by the major owner — the company Petrof and the second co-owner — the company Bohemia Piana.
Eurofound (2006), Piana Týniště, Internal restructuring in Czechia, factsheet number 63884, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/63884.