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.
La Filature de Lavelanet, thread producer situated in Lavelanet (Ariège), is closing down, dismissing its 120 employees. Competition from Asia is the cause of the bankruptcy.
Eurofound (2004), Filature, Bankruptcy in France, factsheet number 60613, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60613.