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.
Fleming, a company in Estonia producing soft furniture, dismisses all of its employees, 213 in total, in Tallinn, Estonia. The production will be relocated to units of the company in Lithuania, Poland or Ukraine. The reason for the relocation is a general labour shortage in Estonia and unfavourable regulations and expensive requirements for hiring foreign workforce in Estonia. According to the representative of the company, most of the current workers are approaching retirement age and it will be difficult to find new employees. The restructuring should be finalised by the end of May 2020.
Fleming Group is one of the largest soft furniture manufacturers in the Baltics, having production facilities currently in Estonia and Lithuania. The entire group employs currently around 420 employees. The company has been active in Estonia for 25 years.
Eurofound (2020), Fleming, Offshoring/Delocalisation in Estonia, factsheet number 99741, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/99741.