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.
Czech plastics company Plastic Parts & Technology (PP&T) with 110 employees went bankrupt due to a drop in orders for car manufacturers and also because of expensive energy and rising material costs. The problems have been going on for two years, even if the situation improved at the end of 2021, the company run into problems again mainly due to the dramatic increase in energy prices.
PP&T specializes in clear plastics used mainly in car lights. The company also produced plastic parts for manufacturers of bathtubs and shower enclosures. Its plastic products are also used in the packaging, medical or electrotechnical industries. The company exported its products to Europe, USA, Turkey, Israel or Japan.
Eurofound (2022), Plastic Parts & Technology (PP&T), Closure in Czechia, factsheet number 107274, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/107274.
Eurofound’s ERM restructuring legislation database offers an overview of key restructuring-related regulations in the EU Member States and Norway. Its content is continuously updated to reflect any changes made by national legislators in response to, for instance, policy shifts, legal...
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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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