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 mining company MND, based in Hodonin, will cut over 80 jobs (i.e. 20% of its 400 staff) by the end of 2016 due to the decline in oil and gas extraction and investment restrictions for new wells, as a result of the drop in oil prices on global markets. According to the MND spokeswoman, Dana Dvorakova, the company arranged advantageous conditions for laid-off workers. Trade unions do not criticize the procedure
Eurofound (2016), MND, Internal restructuring in Czechia, factsheet number 87476, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/87476.