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.
Keter, a multinational manufacturer of resin-based garden furniture, has announced an employment redundancy plan (ERE) affecting all 107 workers at its Zaragoza plant, the company's only production site in Spain. The decision involves the cessation of manufacturing operations in the coming months, although the facility will remain active for logistics purposes.
The company formally communicated its intentions to employee representatives, and negotiations are set to begin with a first meeting scheduled for this coming Monday. The proposed closure in Zaragoza represents a significant blow to local employment, and the upcoming negotiations will be crucial in determining the future of the affected workforce.
Eurofound (2025), Keter España, Closure in Spain, factsheet number 203339, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/203339.