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.
Manufacturing (10 - 11) Manufacture of food and beverage 11.0 - Manufacture of beverages 11.07 - Manufacture of soft drinks and bottled waters
100 jobs Number of planned job losses
Announcement Date
8 November 2005
Employment effect (start)
1 November 2005
Foreseen end date
Description
Santovka plant is an organisational unit of Slovak Západoslovenské žriedla, a company a long tradition (since 1838) in producing mineral waters. Santovka brand is the most famous mineral water in Slovakia also used for medical treatment purposes. Santovka plant was closed because the current technology did not match the EU standards required for mineral water production. A small part of the dismissed employees were relocated to another plant located in the nearby village of Slatina, where mineral water is produced, too. Company management plans to invest around SKK 30-50 million into a new technology and re-start the production by 2007.
Sources
8 November 2005: Hospodárske noviny
Citation
Eurofound (2005), Západoslovenské žriedla, Closure in Slovakia, factsheet number 62522, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62522.
Eurofound’s ERM restructuring legislation database offers an overview of key restructuring-related regulations in the EU Member States and Norway. Its content is continuously updated to reflect any changes made by national legislators in response to, for instance, policy shifts, legal...
Can Europe still achieve its ambitions for battery manufacturing? To answer this, the article looks at data from Eurofound’s European Restructuring Monitor and explores what recent large-scale restructuring events reveal about the state of play in the EU battery sector.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...