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.
Valkarton from Logatec in Osrednjeslovenska region, owned by Croatian company Belišće, is a producer of corrugated cardboard and packaging products thereoff. In the first half of 2009, Valkarton registered a 30% decrease of its turnover due to declining orders from main customers, i.e. manufacturers of car components and household appliances. As a result, the company reduced the number of its employees from 660 in December 2008 to 495 at present, and will further reduce emplyment to 470 by the end of 2009.
Eurofound (2009), Valkarton, Internal restructuring in Slovenia, factsheet number 69299, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/69299.
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