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.
Czech mining company OKD will close its coke plant in Ostrava and cut 500 jobs out of 1,182 by the end of 2009 due to a sharp financial loss of the mother company New World Resources (NWR). Dismissed workers will be given compensation amounting up 6 average monthly wages.
Eurofound (2009), OKD, Internal restructuring in Czechia, factsheet number 68930, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/68930.