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.
Nafta Petrochem is part of the Nafta Lendava Group. The company, which is located in Lendava (Prekmurska region), employs 154 employees. Its main activity is the production of basic organic chemicals. Due to heavy indebtedness and lack of interest from stakeholders or new investors to continue the activities, the bankruptcy has been filed at court. As a consequence, 111 employees are going to lose their jobs. The remaining 43 employees will retain their jobs as their work is related to the storage of strategic oil reserves for the State.
Eurofound (2014), Nafta Petrochem, Bankruptcy in Slovenia, factsheet number 77548, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/77548.
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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