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.
Asarel Medet, the open pit copper miner, will gradually lay off 193 workers in Bulgaria. The downsizing is a result of the sliding global copper prices, which forced the company to trim its annual output, said the human resources director, Aleksander Chobanov. Asarel Medet cut its production target by 45% compared to last year's level.
Eurofound (2009), Asarel-Medet, Internal restructuring in Bulgaria, factsheet number 68853, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/68853.