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.
Paprika, a Belgian retail chain, announced the closure of its remaining 30 stores across Belgium, resulting in the loss of 151 jobs – 122 employees working directly in the outlets and an additional 29 staff based at the central distribution centre.
The shutdown follows a court-ordered bankruptcy that was declared on 26 June after no buyer emerged during the legal reorganisation proceedings that began on 5 March. The closure marks the final phase of Paprika’s liquidation, with all operations ceasing in Belgium by early July.
Eurofound (2026), Paprika, Bankruptcy in Belgium, factsheet number 300756, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/300756.
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