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.
Workers at the Adria factory in County Tyrone were told on Thursday 14 July that 185 of them are to be made redundant. The losses come on top of 175 redundancies at the Strabane-based company which were announced in March 2005. Adria blamed the decision on what it called 'particularly harsh global trading conditions'. The company said it was confident that it had a long term future in the town and would continue to be a 'significant employer' with about 300 people on its books.
Eurofound (2005), Adria, Internal restructuring in United Kingdom, factsheet number 61936, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61936.