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 Tessenderlo group is an international chemicals group with more than 100 branches in 21 countries, headquartered in Belgium and with around 8,100 employees worldwide. Tessenderlo is the world and European leader in most of its product areas, i.e. chemicals, specialties and plastics converting.
In October 2006, the group announced a reorganisation plan that involves its plants located in European countries (Belgium, France, Germany, Italy, Netherlands and United Kingdom). The plan envisages 134 lay-offs.
Eurofound (2006), Tessenderlo, Internal restructuring in European Union, factsheet number 64472, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/64472.