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 pharmaceutical company Glaxo Smith Kline has announced the closure of its manufacturing site in Fleurus (Hainaut) in December 2009 and the relocation of its activities to Rixensart (Brabant Wallon). Out of 290 workers employed at the site, 70 will take early retirement; it is still unknown the number of workers who will be offered to work at the site of Rixensart.
Eurofound (2008), Glaxo Smith Kline, Relocation in Belgium, factsheet number 66924, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/66924.