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 Italian company Sogefi Suspensions, specialised in the manufacturing of components for the automotive industry, plans to lay off 130 permanent employees and close its Douai site in 2026.
The company had started to struggle and was no longer producing 1.2 million stabiliser bars for the automotive industry, compared to 4.5 million in 2019. Trade unions denounce unfair competition from abroad in the context of growing automotive markets in Asia and the Americas, as well as a decline in vehicle production in France. The production will be consolidated at other Sogefi sites in France.
Eurofound (2025), Sogefi Suspensions, Closure in France, factsheet number 203893, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/203893.