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.
Kolonial.no, Norway's largest online supermarket, will lay off at least 100 employees, most of whom currently work at Kolonial.no's warehouse in Lørenskog. The company has experienced rapid growth, but has posted large net losses. The restructuring is reportedly a result of increased warehouse and logistics efficiency (resulting from various process improvements, not automation), in combination with a somewhat slower growth than expected. Investors have pushed for measures to improve the net results of the company.
Eurofound (2017), Kolonial.no, Internal restructuring in Norway, factsheet number 92500, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/92500.