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 steel manufacture enterprise Nervacero will apply for a Redundancy Procedure affecting 56 employees (14% of its entire workforce). Negotiations with the employee's representatives are still in course. According to the enterprise, some pre-agreements have already been achieved relating to early-retirement and outsourcing plans.
Eurofound (2011), Navacero, Internal restructuring in Spain, factsheet number 72674, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/72674.