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.
On 28 September, the Commercial court of Douai liquidated FIMA joinery. As a result all 111 workers are dismissed.
The workers gathered outside the court to protest against the liquidation, which according to reports, was received with surprise and frustration. There is no indication if another company will take over FIMA, as the previous take-over negotiations failed.
Eurofound (2012), Fima Menuiseries, Bankruptcy in France, factsheet number 74234, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/74234.