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.
Sanquin Plasma Products, a daughter company of blood supplier Sanquin, and producer of plasma medicinal products is going through a major reorganisation. Around 200 out of 750 jobs will be cut in 2019. Sanquin Plasma Products experienced serious production issues last year, already leading to concerns about the company’s future. This year it was announced that the biggest client of Sanquin Plasma Products, Shire, is reducing the amount of production it will buy. As a result Sanquin Plasma Products is expected to incur heavy losses in the coming years, however the company plans to counter part of the expected losses with the announced reorganisation.
Eurofound (2019), Sanquin Plasma Products, Internal restructuring in Netherlands, factsheet number 98060, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/98060.