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.
German furniture manufacturer Gepade is to cut 105 of its 250 staff due to insolvency.
The company had to file for insolvency at 1 December after several years of low demand and overcapacities.
Gepade is based in Delbrueck.
Eurofound (2013), Gepade, Bankruptcy in Germany, factsheet number 76400, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/76400.