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.
Tallink Grupp is one of the biggest enterprises in Estonia. It is operating five passenger ferries, four high-speed vessels and two cargo vessels on four lines. Registering one of the ferries Regina Baltica in Latvia and giving the ferry a Latvian flag has left 300 Estonian workers without their jobs. The news was announced by the trade union of Tallink. Therefore on 25 September the trade union will organise a picket to protest against Estonian ships carrying foreign flags and to support Estonian sailors.
Eurofound (2006), Tallink Grupp, Offshoring/Delocalisation in Estonia, factsheet number 64078, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/64078.