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 Swedish equipment manufacturer, Trelleborg, announced on 28 April 2008 that it is to cut 311 jobs at its site in Carquefou (Loire-Atlantique). A further 140 temporary workers will be affected as their contracts will not be renewed. All in all, 451 workers will, thus, lose their jobs by the end of March 2010. The production of radiator hoses will be relocated to Turkey and Poland, and the plastic mixing activity to Clermont-Ferrand (Centre), Reims (Marne) and Czech Republic. The management has noted that Trelleborg is the last manufacturer of radiator hoses operating in France, all the competitors are in Eastern Europe, where the manpower is cheaper. Moreover, the management plans to reassess the agreement on working-time (covering the 35h week).
Eurofound (2008), Trelleborg, Offshoring/Delocalisation in France, factsheet number 66600, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/66600.