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.
Duro Dakovic Group one of biggest and well known engineering houses and main producer of various types of traffic vehicles in Croatia announced plans to make 200 employees redundant, mostly managers and administrative staff.
As reported, in October 2014, the number of companies within the group will be merged and will be reduced from eight to four. As announced, the management board prepared the development strategy till 2020 which envisages financial restructuring and optimisation of the organisational structure.
Surplus employees will be dismissed in accordance with the collective agreement. The goal of the company is to have 806 employees.
Eurofound (2014), Duro Dakovic Group, Internal restructuring in Croatia, factsheet number 77606, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/77606.