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.
SmartGuy, a Danish on-line retailer is to cut 120 jobs. As reported in the media the company will relocate its warehouse operations from Jyderyp in Denmark to Szczecin in Poland. The transition phase will begin in August 2013 and will run until January 2014. This restructuring is considered to have a positive financial effect and is attributed to the growing competition in the e-commerce sector.
Eurofound (2013), SmartGuy, Offshoring/Delocalisation in Denmark, factsheet number 75237, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/75237.