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.
Cargotec, a cargo handler, has given notice to 330 employees at two subsidiary companies in Sweden: 134 employees at Kalmar Industries and 196 employees at Hiab. Cargotec offers handling systems and related services for loading and unloading of goods. Cargotec has three brands: Hiab, Kalmar and MacGREGOR. Cargotec’s sales exceed EUR 3 billion and the company employs approximately 12,000 people. Hiab is engaged in on-road load-handling solutions. Kalmar is a provider of container and heavy duty materials handling equipment, automation applications and related services.
Eurofound (2008), Cargotec, Internal restructuring in Sweden, factsheet number 67433, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67433.