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.
The Ernst-Ludwig-Klinik in Hesse, a rehabilitation centre, will close at the end of 2007. 141 jobs will thus be lost. The centre has recently been making losses to the tune of €1 million per year. The head of the clinic's administration said that the reforms of the health system had lead to fewer patients at the clinic. Direct dismissals shall be avoided.
Eurofound (2005), Ernst-Ludwig-Klinik, Closure in Germany, factsheet number 62705, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62705.