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 Commercial court of Lyon has decided on the liquidation of the solar panels manufacturer Sillia VL and the dismissal of 133 employees on a total workforce of 177. The 44 remaining employees work in a plant at Lannion (Côtes-d'Armor) and will be taken over by the Italian solar panels manufacturer Recom Italia SRL. The 133 employees of the plant of Vénissieux (Rhône) are former employees of the German group Bosch which will finance the social plan. The dismissed employees will receive from €23,000 to €150,000 depending on their seniority. Some external reemployment could occur by the boiler manufacturer Boostheat.
Eurofound (2017), Sillia VL, Bankruptcy in France, factsheet number 91333, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/91333.