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.
Emgo, producer of lighting equipment, declared on 11 June 2004 a restructuring plan affecting 210 people within the next two years. This is due to the introduction of Chinese and East-European competitors. Management and unions have set up an agenda for the negotiations. On 15 November 2004, an agreement has been reached between management and employees for the suppression of 60 jobs. AT that date, the company still employed 508.
Eurofound (2004), Emgo, Internal restructuring in Belgium, factsheet number 60454, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60454.