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.
Recycling company Greenlight has entered administration which has resulted in the loss of all 109 jobs. The company which is based in Alexandria in West Dunbartonshire operated recycling services for a number of councils and was forced into administration following a large bill for unpaid taxes. Attempts to find a buyer to take over the business proved unsuccessful, which led to the redundancy notices being issued. The councils are urged by the GMB union and local politicians to bring the jobs in house.
Eurofound (2018), Greenlight, Closure in United Kingdom, factsheet number 95384, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/95384.