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.
Staff at Phoenix Venture Motors' eleven dealerships are likely to lose their jobs following the MG Rover collapse. Three of the dealerships were closed on Monday 18 April with the loss of 86 jobs. The remaining eight dealerships employ nearly 400 other staff and are at risk of closure too.
Eurofound (2005), Phoenix Venture Motors, Closure in United Kingdom, factsheet number 61424, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61424.