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.
Following its cost-cutting strategy, the management of InBev, a brewery group announced its third restructuring in Belgium in four months. Financial and administrative units will be delocalised to Hungary and the Czech Republic. Moreover, a relocation has been announced from Hoegaarden (Province of Flemish Brabant, Flanders) to Jupille (Province of Liège, Wallonia). In total, 259 people are to lose their jobs: 219 in the framework of early retirement or outplacement within the group and 40 will be made redundant.
Eurofound (2006), InBev, Offshoring/Delocalisation in Belgium, factsheet number 63070, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/63070.