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.
Publicly owned cleaning and maintenance company Kuntec Infra has initiated employer-employee negotiations concerning its entire staff of 270 people. A maximum of 60 positions are to be cut. The negotiations are estimated to finish by the end of December 2014. The restructuring is due to a decrease in turnover at the same time as machinery and equipment needs to be updated.
Kuntec Infra is a public company owned by the municipality of Turku. It is responsible for the cleaning and maintenance of streets and public areas in Turku.
Eurofound (2014), Kuntec Infra, Internal restructuring in Finland, factsheet number 77734, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/77734.