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 24 October 2017, the Finnish paper manufacturer UPM Paper ENA, announced to cut 223 jobs at its site in Dörpen due to internal restructuring, which will save up to €30 million annually. These measures are necessary because demand for graphic papers has been declining over recent years and will continue declining.
Management and works council will start negotiations in November. However, no time frame has yet been announced regarding further actions.
UPM Paper ENA has 1,600 employees in Dörpen.
Eurofound (2017), UPM Paper ENA, Internal restructuring in Germany, factsheet number 92356, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/92356.
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