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.
SEWS Slovakia in Topolcany, a producer of wire harnesses, will dismiss 430 employees until the end of November 2009. SEWS, a British producer of components for the automotive industry, will delocalise a part of production from Slovakia to Romania. Redundancies concern production workers as well as the administrative staff and are related to the downturn in car production followed by internal restructuring of the company.
Eurofound (2009), SEWS Slovakia, Offshoring/Delocalisation in Slovakia, factsheet number 69393, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/69393.