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 Danish manufacturer of lighting equipement Martin Professional announced on 17 August 2009 that 130 jobs in two factories in Frederikshavn will be shed. In February the company let 250 employees go on work sharing for maximum 26 weeks to avoid dismissals. However, this did not prevent the loss of 130 jobs. Martin Professional is based in Århus.
Eurofound (2009), Martin Professional, Internal restructuring in Denmark, factsheet number 69488, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/69488.