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.
As announced on 6 November 2020, the German confectionery company Haribo is closing its plant in Wilkau-Haßlau at the end of the year, which will result in the loss of 150 jobs. The plant in Wilkauf-Haßlau, which is the only Haribo plant in East Germany has not been profitable for years according to Haribo, making a closure inevitable. The company’s plans are criticised by the trade union and the local politicians, who hope to save the plant. A social plan has already been negotiated, which will offer employees individual solutions and a possible relocation to one of Haribo's other plants.
Haribo has approximately 3,000 employees in Germany.
Eurofound (2020), Haribo, Closure in Germany, factsheet number 102549, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/102549.