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.
For the fifth time this year, the Danish manufacturer of hydraulic systems (nace 1 rev. 29.12.30), Sauer-Danfoss, cuts jobs (115), this time in Nordborg, southern Jutland. Parts of the production are being offshored to Poland. There are 90 emplyees in production and 25 salaried employees, the management said in a press release 25 August 2009. However, there are still 1200 employed by Sauer-Danfoss in Nordborg. The company has lost half of the production the last year and equally cut half the staff.
Eurofound (2009), Sauer-Danfoss, Offshoring/Delocalisation in Denmark, factsheet number 69503, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/69503.