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.
Bučina company in Zvolen, which celebrated the 60-year anniversary of its establishment in 2006, will be closed soon. Bučina was one of the biggest employers in the region. According to the representative of the local employment office, mass dismissal has already started in the company and from 27 November 2006 to 31 January 2007 in total 187 employees will be dismissed there. Only 37 employees will work in the company from February 2007. Production of veneer wood sheets will be relocated to Bučina DDD Company, which is a part of Austrian multinational Kronospan Company.
Eurofound (2006), Bučina, Relocation in Slovakia, factsheet number 64542, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/64542.
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