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.
Liha-Saarioinen, which belongs to the Saarioinen Corporation, manufactures bakery and meat products in Valkeakoski. The company conducted personnel negotiations between January 2006 and 9th February. This led to the reduction of 43 jobs out of 420 employed. The dismissals will take place in the next few months. Reductions are mainly due to the automation of the packing unit in Valkeakoski.
Eurofound (2006), Liha-Saarioinen, Internal restructuring in Finland, factsheet number 63114, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/63114.
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