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.
On 25 October 2012 Ballast Nedam, the fifth largest construction company in the Netherlands, announced it will cut 400 to 500 jobs, due to the continuing crisis in the construction sector.
Most of the jobs will be lost in the divisions that are active in housing projects and infrastructure.
Eurofound (2012), Ballast Nedam, Internal restructuring in Netherlands, factsheet number 74450, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/74450.