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.
Netherlands-based technical services provider Royal Imtech is to cut additional 895 jobs at its European sites, notably in Germany, the Nordic countries and Eastern Europe (mailnly in Poland).
As announced, the group plans to cut in Germany an extra 300 FTE jobs on top of an existing restructuring. Additionally is reported that there will be 230 redundancies in Poland and 240 ones in the Nordic countries.
Imtech has already implemented a restructuring plan concluding to 1,355 job losses (seeImtech-EU2013).
Eurofound (2013), Royal Imtech, Internal restructuring in European Union, factsheet number 76177, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/76177.