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.
WCA Alro, a manufacturer of metal parts for cars and trucks, is about to cut 180 jobs on its plant of Genk, Limbourg. WCA Alro, a subsidiary of the group Alro employs 187 people at its plant in Genk. The dismissals concern 150 blue-collars and 30 white-collars. Seven employees will remain employed on the site. WCA Alro, a subcontractor for the automobile industry is experiencing some difficulties because of the econonomic crisis in the automobile sector.
Eurofound (2009), WCA Alro, Internal restructuring in Belgium, factsheet number 68085, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/68085.