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 commercial court of Brussels pronounced the bankruptcy of Sobelair on January 20, which employs 480 people. Employment was temporarily maintained, waiting for a possible purchase by another company then finally all the employees were laid off.
Eurofound (2004), Sobelair, Bankruptcy in Belgium, factsheet number 60205, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60205.