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 5 July 2014 manufacturer of walls for construction Interwand was declared bankrupt. On 17 July it became clear that a restart under a new owner was not feasible, resulting in the loss of all 115 jobs.
Eurofound (2014), Interwand, Bankruptcy in Netherlands, factsheet number 77418, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/77418.