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 enterprise Acciona Infraestructuras, specialized in civil engineering, will apply for a redundancy procedure affecting 200 employees. In addition, the company will apply for a temporary dismissal procedure affecting 600 employees. It is reported that these measures are supported by 80% of the staff.
The restructuring is blamed on the drop of construction activity in Spain.
Eurofound (2012), Acciona Infraestructura, Internal restructuring in Spain, factsheet number 74042, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/74042.