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.
Backer OBR, a Swedish manufacturer of heating elements, has announced redundancies at its Stargard plant. 90 of the 289 employees (30% of the workforce) will lose their jobs.
Information about the planned collective redundancies was received by the District Labour Office. The decision is explained by the company's worsening economic situation, linked to a drop in revenue with fixed costs remaining at the same level. The redundancies started at the beginning of March and the notice period depends on the employee's seniority. Production workers in particular will lose their jobs, as well as administrative staff. Backer OBR was founded in 1991 and manufactures tubular heaters. In Poland, it has plants in Pyrzyce, Stargard and Warnice.
Eurofound (2024), Backer OBR, Internal restructuring in Poland, factsheet number 200940, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/200940.