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 two IT companies, Asseco Poland and ABG, are currently in the process of merging. The newly created ABG company, which is entirely owned by Asseco Poland, has announced that it is to make 170 ABG employees redundant (out of a current workforce of 883). The affected employees work in back-office capacities (accounting, finance, administration, logistics, human resources, and marketing). With a total workforce of 2,221, Asseco Poland manufactures software for the agricultural, telecoms, health care, and public utility sectors.
Eurofound (2008), ABG, Merger/Acquisition in Poland, factsheet number 67118, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67118.