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.
Durex, a firm that manufactures contraceptives and is a subsidiary of the British group SSL Healthcare Manufacturing, is to close its site in Rubí with the loss of 230 jobs. The Rubí site is due to close by the beginning of 2008, and production at the plant will be relocated to either India or Thailand. 75% of the firm’s employees at the Rubí plant are female. Management at Durex attributed the decision to close the Rubí site to a ‘loss of competitiveness’ in relation to other European firms.
Eurofound (2007), Durex, Offshoring/Delocalisation in Spain, factsheet number 65862, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/65862.