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.
Inalfa, the Dutch company that designs and manufactures sliding roof systems for the automotive industry, is planning to cut 200 jobs, 150 in the Limburg establishment and 40 in its Venray headquarter.
COVID-19 pandemic shrank the automotive industry sector, as a result, Inalfa announced in August 2020 a worldwide reorganisation, but details remained unclear until now. Moreover, a social plan was already in place and will be extended for five years.
In addition, an unknown number of office jobs are being moved to Poland and Slovakia, but this decision is still being discussed with the works council.
Inalfa, part of the Chinese group BHAP since 2011, is the world's second-largest manufacturer of sliding roofs for cars and has 6,000 employees worldwide. The company was rescued from ruin in 2018 by its Chinese owner BHAP and eighteen international banks. The Limburg company narrowly escaped bankruptcy even if 85 people were laid off in Venray.
Eurofound (2021), Inalfa, Internal restructuring in Netherlands, factsheet number 103191, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/103191.
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