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.
Medicor, the oldest and largest representative of the Hungarian medical engineering industry is in liquidation. The company accumulated debts that totalised HUF 300 million (over €1 million). The closure will affect 110 workers.
Eurofound (2005), Medicor, Closure in Hungary, factsheet number 61938, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61938.