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.
Mäser, the company specialised in tableware solutions and wholesale of glassware and china, is planning to cancel its retail activities which have involved losses for some years. The company currently runs two retail sales shops: one in Bregenz, which will be closed by the end of August 2007, and another in Dornbirn, which will be closed by 2008. The company will focus its activities on product development and wholesale instead. As a consequence of the restructuring, 30 out of about 250 employees stand to lose their jobs.
Eurofound (2007), Mäser, Closure in Austria, factsheet number 65294, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/65294.