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.
Akzo Nobel NV's Chemicals subsidiary said it is going to close its MACC production facility in Delfzijl. Akzo Nobel intends to close the facility on 31 March 2006. The company said it will try to find other employment for the 33 staff working at the plant. Furthermore, Akzo Nobel foresees a total of 300 jobs to be cut during several reorganisations. The company is negotiating with unions to come to a general social plan, in order to try to find other employment for the 300 employees. The planned sale of certain activities would affect a further 600 jobs.
Eurofound (2006), Akzo Nobel, Closure in Netherlands, factsheet number 63017, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/63017.