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.
Danish Crown is closing its Ringsted slaughterhouse, resulting in nearly 1,200 job losses, with 300 employees offered positions in Jutland. This decision is due to overcapacity and a shortage of pigs in their supply chain. The closure is part of a broader strategy to consolidate production and focus future investments. The Ringsted slaughterhouse will be closed even though Danish Crown presented a large surplus for the year. Furthermore, the layoffs is a part of Danish Crown is seeking to promote sustainability and raise the values of meat.
Eurofound (2024), Danish Crown, Closure in Denmark, factsheet number 201737, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/201737.