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.
Manufacturing (31) Manufacture of furniture 31 - Manufacture of furniture 31 - Manufacture of furniture
137 jobs Number of planned job losses
Announcement Date
4 April 2014
Employment effect (start)
4 April 2014
Foreseen end date
31 July 2014
Description
Furniture manufacturer NMP (former Vierhaus-ilse) had filed for insolvency. 137 jobs are to be lost. As reported, the production site in Millingen will cease its operations by the end of July 2013.
Sources
4 April 2014: Der Westen
Citation
Eurofound (2014), NMP, Bankruptcy in Germany, factsheet number 76885, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/76885.