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.
Imperial Tobacco Slovakia, a manufacturer of tobacco and a subsidiary of the British Imperial Tobacco Group, has announced that it is to cut 100 jobs at its Smolnik site by the end of December 2007. 160 are currently employed at the Smolnik plant. Management at the subsidiary firm have stated that the job losses are due to the loss of a contract with Lidl, the multi-national discount retail group.
Eurofound (2007), Imperial Tobacco, Internal restructuring in Slovakia, factsheet number 66053, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/66053.