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.
Teplická strojírna, a Czech engineering plant located in Teplice, is facing insolvency and about 150 workers are threatened to lose theirs jobs. The reason is attributed to the global economic crisis. There is no information on when job losses will be implemented by.
Eurofound (2009), Teplická strojírna, Bankruptcy in Czechia, factsheet number 69749, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/69749.