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.
Knowledge production and manufacturing company, Hanza, has announced that a total of 50 dismissals will take place, as a part of their efficiency programme. Hanza will dismiss 50 employees from their production unit in Ronneby, Sweden. This equals a fifth of the current employees.
Hanza newly bought the company Orbit One, and this programme is said to be part of the integration process of the two companies. The aim is to reallocate resources and optimize the workforce according to customer needs. In addition to improved profitability, these changes will make the acquired units less sensitive to market fluctuations.
Cooperation negotiations will soon commence with trade union representatives and adjustment measures will be offered to the affected staff.
Hanza is also considering a staff reduction in their unit in Prabuty, Poland.
Eurofound (2024), Hanza, Merger/Acquisition in Sweden, factsheet number 200944, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/200944.