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.
Inalfa Roof Systems, a manufacturer of vehicle roof systems based in Venray, announced an internal restructuring as a remedy to recent loss-making years. Around 85 workers will be dismissed out of the 750 workers employed at the plant in Venray.
The internal restructuring is not a surprising move for Inalfa since the company is experiencing a large loss on an investment project in Poland and is suffering from declining car sales in China. In addition, Brexit and the trade dispute between US and China are also negatively impacting orders for suppliers involved in the global automotive industry supply chain.
Eurofound (2019), Inalfa Roof Systems, Internal restructuring in Netherlands, factsheet number 98181, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/98181.
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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