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.
German wholesale and retail company Metro announced the restructuring of its German logistic system. A warehouse at Sarstedt, Lower Saxony, will be closed. Operations shall be partly moved to other sites at Bremen, Altlandsberg and Essen.
German wholesale and retail company Metro has announced a cost savings plan that will affect the logistics division in Germany. The restructuring will involve the closure of a warehouse in Sarstedt (Lower Saxony) currently employing 235 persons. Operations will be partly moved to other sites at Bremen, Altlandsberg (Brandenbug) and Essen (North Rhine-Westfalia). In these sites 150 new posts will be created.
Eurofound (2012), Metro, Internal restructuring in Germany, factsheet number 73465, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/73465.