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.
Amberger Kaolinwerke Eduard Kick has announced that it will close and pull down its kaolin processing facility in Schnaittenbach, because there are significant deposits of kaolin underneath it. These deposits shall be extracted in the future, processing will be concentrated in a factory in neighbouring Hirschau. Management did not give a concrete time table, restructuring was announced to be carried out by 2008.
Eurofound (2005), Amberger Kaolinwerke Eduard Kick, Closure in Germany, factsheet number 61703, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61703.