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.
The commercial court of Bar-le-Duc has agreed the take over of the Sodetal plant of Tronville-en-Barrois (Meuse) by the Russian group AWT Russia that will keep 152 jobs on a total workforce of 316 employees. About 164 jobs will be cut. Sodetal was a subsidiary of the German group Saarstahl. It was placed into receivership since December 2013. The court approved the social plan with a budget of € 13 million and forbid the new owner to relocate the most competitive machines from the plant without the previous agreement of the court.
Eurofound (2014), Sodetal, Business expansion in France, factsheet number 77089, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/77089.