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 Spanish decorative porcelain company group Lladró has announced a collective dismissal plan affecting 81 workers at national level. The company argues that the long-term economic sustainability of the business involves workforce adjustments. Within the Lladró Group, the plan affects 34 employees of the company Porsa, 32 to Lladró, 10 to Daisa and 5 to the company Arte y Porcelanas. This adjustment comes together with the current temporary restructuring plan of employment in the productive areas of the company. In 2016, the Lladró Group implemented another collective dismissal plan that affected 268 employees. Months later, Lladró was sold to the Spanish investment fund PHI Industrial.
Eurofound (2019), Lladró, Internal restructuring in Spain, factsheet number 97584, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/97584.