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 shipyard Volkswerft Stralsund is to create 250 jobs in 2014. The shipyard previously belonged to P+S Werften which filed for bankruptcy two years ago (see P+S Werften 2012).
On 1 June 2014, the Russian investor Witali Jussufow bought the company and currently Volkswerft Stralsund is part of the shipyard Nordic Yards. By now, 50 people work there. A big part of the new jobs shall be offered to former shipyard employees. The new owner also promised to create 500 jobs in total by the end of 2016.
Eurofound (2014), Volkswerft Stralsund, Business expansion in Germany, factsheet number 77139, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/77139.