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.
As announced on 1 September 2025, the German steelwork Rohrwerk Maxhütte in Sulzbach-Rosenberg closed and ceased its operations. This affects all of its 300 employees who have been immediately laid off and whose contracts will eventually be terminated. Negotiations with the works council regarding a social plan for the employees are currently ongoing.
After several insolvencies, no investor could be found. The main reason cited for the insolvency was insufficient utilization of production capacity. For years, the plant was one of the largest steelworks in Germany. The Bavarian state government unsuccessfully tried to save the steel plant with around 250 million euros.
Eurofound (2025), Rohrwerk Maxhütte, Bankruptcy in Germany, factsheet number 203263, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/203263.