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.
Eiffage Energía, a subsidiary of the French construction group specialised in maintaining electrical networks, and in supplying cable for civil construction work has presented a Layoff Plan for 152 workers, some 30% of its Spanish payroll. According to the union, the company attributes the announced job losses to the fall in construction activity and the loss one year ago of part of a contract with Endesa. Civil work accounts for 30% of its business.
Eurofound (2008), Eiffage Energia, Internal restructuring in Spain, factsheet number 67656, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67656.