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.
Quinton Hazell, a car parts manufacturing company, has gone into administration resulting in the loss of 196 jobs at two factories in Conwy and Lancashire. Administrators blamed the closure on the "prolonged, challenging trading conditions". A small number of staff will remain in order to help with the closure.
Eurofound (2013), Quinton Hazell, Bankruptcy in United Kingdom, factsheet number 75017, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/75017.