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.
Somes Dej, the Romanian pulp and paper factory, announced the dismissal of all 170 employees by the end of February 2013.
This is a consequence of significant financial losses recorded in 2012. The insolvency procedure was launched at the end of January.
Eurofound (2013), Somes Dej, Bankruptcy in Romania, factsheet number 74973, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/74973.