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.
Retail chain Suomen Lähikauppa in Finland is starting personnel negotiations to cut 230 jobs mainly from its Euromarket hypermarket chain.
The negotiations concern a total of 1,500 people at the company's head office and in the Euromarket chain. According to the company, the streamlining is necessary due to the weakened market situation. The negotiations do not concern the employees of the Siwa and Valintatalo supermarket chains.
Eurofound (2009), Euromarket, Internal restructuring in Finland, factsheet number 68958, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/68958.