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 food processing company Danish Crown is to close its slaughterhouse in Hjørring, in May 2005. 450 employees will be redundant although it is expected that a few of them will later move to the slaughterhouse in Horsens. The redundancy has created a crisis in the Nordjylland region which has already been struck by redundancy in a large scale. Some of the production will also be relocated to Germany. The redundancy in Hjørring has become very relevant in the current general election campaign, as an example of the effects of globalisation. The Public Employment Service is setting up plans for re-employment - strongly backed-up by politicians.
Eurofound (2005), Danish Crown, Closure in Denmark, factsheet number 61068, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61068.