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 electrical equipment distributor Electis is placed in receivership. The commercial chamber of the Mulhouse District Court ordered the receivership of Electis, located in Wittenheim (Haut-Rhin), near Mulhouse. The company is now insolvent, to the point of ceasing all operations, which puts an end to its 40 years of activity. This liquidation is also linked to increased market competition and the higher prices of raw materials. In 2023, Electis made a turnover of 48 million euros. This court decision results in the redundancy of 112 employees spread across the six Electis agencies.
Eurofound (2025), Electis, Bankruptcy in France, factsheet number 202641, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/202641.