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.
Kleemann Hellas, a leading group in lift systems, dismissed 200 employees from its site in Kilkis due to the severe economic crisis affecting in particular Northern Greece. Kleemann Hellas was founded in 1983, based on the franchise of the German company Kleemann Hubtechnik. The company employees 1100 people and its head office is based in the Industrial Area of Kilkis in Northern Greece, while office locations and showrooms exist in Athens and Thessaloniki as well.
Kleemann's activities concern both the manufacturing and trading of complete lift systems. It is listed among the largest companies of the lift industry in the European and international markets (more than 12.000 new systems or 3 % of the world's new lift units annually). In Greece, the company holds a 70% market share of total units installed and 47% of total value.
Eurofound (2009), Kleemann Hellas, Internal restructuring in Greece, factsheet number 68579, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/68579.
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