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 15 April 2013 Prime Champ, a mushroom grower company was declared bankrupt. The firm employed 750 employees, mainly from Poland. Since the start of 2007, there was criticism from the unions on the working conditions. In January 2013, the managing director was charged by the Labour Inspectorate for exploitation of the employees. Following the bankruptcy, Prime Camp was acquired by the Irish firm Monaghan, saving 600 of the 750 jobs.
Eurofound (2013), Prime Champ, Bankruptcy in Netherlands, factsheet number 75330, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/75330.