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.
CEO announced to trade unions the loss of a contract with Volvo-Germany which accounted for 40% of the sales turnover. The group Frans Maas sought 10 days a reprenor then decided to set in motion the procedure of closing known as "Renault". 106 workers are affected.
Eurofound (2003), Ghémar, Closure in Belgium, factsheet number 59767, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59767.