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.
Revoz is a car manufacturer located in Novo Mesto (Jugovzhodna Slovenija region) and owned by the French group Renault. Since the market potential for Twingo and Smart forfour cars was overestimated, Revoz announces a ten-percent contraction in the production of vehicles (from 42 to 38 per hour) after the abolition of the night shift in spring this year. As a result, 150 agency workers will loose their job in October 2015. After internal restructuring, 2,250 workers will be still employed.
Eurofound (2015), Revoz, Internal restructuring in Slovenia, factsheet number 84987, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/84987.