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.
As announced on May 30, 2012, a German print solutions provider Drescher Print Solutions will close its site in Rutesheim, Baden-Württemberg, and 280 jobs will be lost. On June 1, 2012, the company filed for insolvency. The decision is due to the decreasing demand for its services.
Drescher's other sites in Offenburg (Baden-Württemberg), Poland and Czech Republic will be strengthened in the framework of the general policy of the Drescher's mother-company Epper-Drescher group. Its aim is to reduce competitive disadvantages by relocating production to the Central/Eastern Europe - just as did other companies operating in the business.
Eurofound (2012), Drescher Print Solutions, Bankruptcy in Germany, factsheet number 73740, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/73740.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
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