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.
Merian Orosháza Finom Szárnyas Különlegességek Zrt, one of the oldest meat processing factories in Hungary dating back to 1896, is to cut 210 jobs out of 450. Workers will be dismissed gradually from March 2009 onward. The company has been under liquidation for the last three years. Notwithstanding, the liquidator still hopes to find a new investor who would carry on with production employing the remaining workforce.
The company, based in Orosháza (Békés County) produces a wide variety of well-known labels in the Hungarian market such as Orsi, Aletta and Bábolna. Merian also manufactures goose and duck liver products and tinned products for exports (the product's wrapping won World Star competition in 1998).
Eurofound (2009), Merian, Internal restructuring in Hungary, factsheet number 68830, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/68830.