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.
Over the next three years, the management of Barco will intend to consolidate its electronic module surface mounting activities into a single location in Poperinge, Belgium. This consolidation will lead to the transfer of 107 full-time jobs to the Poperinge plant. Additionally, 113 full-time jobs will disappear in Belgium, partly due to the relocation of its mounting activities to Kladno in the Czech Republic. The company sees organisational advantages of restructuring measures, leading to greater efficiency and significant cost savings.
Eurofound (2003), Barco, Internal restructuring in Belgium, factsheet number 59485, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59485.