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.
Alfa Laval, a manufacturer of energy-saving equipment, plans to cut 293 jobs by the end of January 2010 due to a decline in orders. About one third of the 293 employees that are about to leave Alva Laval have done so voluntarily in exchange of a contractual pension. Many of the other dismissed employees have been laid off during their period of notice because of the significant decrease in production.
Alfa Laval designs and manufactures equipment for heat transfer, separation and sanitary applications. The company provides energy-efficient solutions for heating, cooling, ventilation, evaporation and condensation. Their product range includes heat exchangers, heating and cooling systems, and centrifuges.
Eurofound (2009), Alva Laval, Internal restructuring in Sweden, factsheet number 68972, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/68972.