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.
The Greek subsidiary Tupperware Hellas, a branch of the American multinational Τupperware, announced on 9 March 2023 the closure of the factory for the production of plastic food containers in Thiva, which employs 150 workers.
The factory has been operating since 1967. According to a representative of the American mother company, the Greek branch will stop the production of products and will maintain only the activities of storage and distribution. This decision is part of the Company's corporate transformation plans in order to ensure its sustainable development in the future.
The Greek General Confederation of Labour (GSEE), complained that the company calls on its employees, 150 persons, to sign voluntary redundancy agreements receiving just a little more money more than the legally due compensation, in order to complete the closure by mid-April and called on the company to revoke its decision.
Eurofound (2023), Tupperware, Closure in Greece, factsheet number 108658, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/108658.