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.
Malév Hungarian Airlines, the national Hungarian air carrier has been operating since 1946. The company is one of the leading airlines of the Central-Eastern European region, with scheduled passenger, cargo and charter services. The company plans to reduce the number of its employees by 350 before the end of 2005 because of financial problems. The reduction will mostly affect stewardesses.
Eurofound (2005), Malév Hungarian Airlines, Internal restructuring in Hungary, factsheet number 62476, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62476.