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 meat processing company, Pozmeat, fell into liquidation in September 2004 after years of quarrelling between individual and corporate shareholders, which have traded accusations of over-investing, excessive debt, and
obstruction of plans to improve the situation. The company went bankrupt in February 2005 and all workers were fired. Now Pozmeat’s premises are to be sold to a Dutch investor, who wants to reactivate production. Pozmeat is to employ circa 1,000 people, mainly women.
Eurofound (2006), Pozmeat, Merger/Acquisition in Poland, factsheet number 62956, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62956.