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.
On 14 September 2005 the producer of beer and beverages Hartwall, started codetermination negotiations with the personnel in order to cut 110 jobs. The main focus of the restructuring will be the improvement of the efficiency in production. The company is being hit hard by price competition, changing domestic markets and increasing imports.
On 8 November 2005 the company informed of the closed codetermination round. As a result 85 employees will be made redundant.
Eurofound (2005), Hartwall, Internal restructuring in Finland, factsheet number 62231, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62231.