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.
Dutch group Hurks provider of real estate development services is to cut 120 jobs.
The job reduction measure refers to 15% of its total workforce with half of the announced job losses affecting the group’s precast concrete plants in Veldhoven and Tilburg.
According to the sources, the Eindhoven based group with a total workforce of 794 people, had already implemented a job reduction measure of 50 job cuts in 2012 affecting its precast concrete factories.
The restructuring is attributed to the crisis in the construction sector and its timeline is not yet available.
Eurofound (2013), Hurks, Internal restructuring in Netherlands, factsheet number 75914, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/75914.