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.
Draxlmaier Hunedoara, producer of motor vehicle components announced the dismisal of 200 employees in the first nine months of 2009. The reason of this decision is declining market demand. At the Hunedoara site the group has 2,000 employees at present.
Eurofound (2008), Draxlmaier, Internal restructuring in Romania, factsheet number 67704, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67704.