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.
Dutch credit insurance company Atradius NV will cut at least 600 jobs (15 % of its workforce) in the next two years, the company said on 29 November 2004. In the Netherlands, Atradius will cut 90 jobs. The rest of the job cuts will affect the company's operations in Belgium, Germany and the UK. The job cuts are part of a reorganisation, aimed at a decrease in costs and an improvement in Atradius' competition position. As part of the reorganisation, the units of Atradius which are not enough profitable, will be sold.
Eurofound (2004), Atradius, Internal restructuring in European Union, factsheet number 60822, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60822.