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.
The construction company, Kamintras, located in Vilnius, announced its bankruptcy on 17 April 2009. The company employed approximately 200 people; the totality of the worforce has been dismissed. The main cause for bankruptcy is the decreased demand in the sector of real estate.
Eurofound (2009), Kamintras, Bankruptcy in Lithuania, factsheet number 68971, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/68971.