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.
British American Tobacco announced on 1 June 2006 that it will close its factory in Zevenaar in 2008. This factory employs some 570 people and produces 32 billion cigarettes a year. The new strategy aims to reduce the overcapacity and to increase the productivity. Future investments in the European Union will be in the ‘core-factories’ in Germany and Poland. The production of cigarettes in Zevenaar will be moved gradually to these other sites. The board will consult the works council about their intentions and will negotiate with the trade unions about a social plan on which 235 million euro will be available.
Eurofound (2006), British American Tobacco, Offshoring/Delocalisation in Netherlands, factsheet number 63569, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/63569.