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.
White goods manufacturer Electrolux Lehel announced to cut 200 positions at its site in Nyíregyháza. The cuts will be implemented via the non-renewal of contracts that are expiring 31 January 2014.
Reportedly, the measure is due to overcapacities and technological investments at the site.
The company is part of the Swedish Electrolux group, employing about 60,000 staff worldwide. In October 2013, the group had announced to cut about 2,000 positions globally.
Eurofound (2014), Electrolux Lehel, Internal restructuring in Hungary, factsheet number 76530, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/76530.
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