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.
The French group Ship Decommissing Industries (SDI) announced on 18 September 2006 that Eckardt Marine, owned by SDI, will create a site for ship dismantling in Saint Nazaire, in the west of France. There is appropriate, currently unutilised, space in the harbour for this use and the company aims to create the first operational site of ship dismantling in Europe.
According to Eckardt Marine, the site will aim to protect both employees and the environment, following a policy of zero rejection and zero pollution. Eckardt Marine is expected to create 50 new jobs before the end of 2006 and 100 additional jobs before October 2007, all of them on a quay close to the site of another international group: Aker Yards Saint Nazaire.
Eurofound (2006), Eckardt Marine, Business expansion in France, factsheet number 64107, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/64107.
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