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.
On 4 April 2009 MGC, a producer of aluminium parts for the automotive sector, announced it will cut 140 jobs in its Bergen and Tegelen plants in the southern part of the Netherlands. Background is the dramatic decline in turnover in the automotive sector.
Eurofound (2009), MGC, Internal restructuring in Netherlands, factsheet number 68719, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/68719.