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 Pekaes group, one of the largest overland transport operators in Poland, is set to undergo thorough restructuring. The seven companies presently making up the group will be pared down to five; Pekaes will also refresh its motor pool and increase its usable warehouse space by four times. The total cost of these various restructuring measures is estimated at EUR 3.2 million. The restructuring will also result in the shedding of 100 jobs out of a present workforce of 1,831 persons.
Eurofound (2006), Pekaes, Internal restructuring in Poland, factsheet number 63477, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/63477.