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.
Leche Pascual group, which specialises in the dairy sector, has confirmed an employee redundancy programme that will see the contracts terminated for the 155 employees at its factory in the Lugo municipality of Outeiro de Rei. The company has also confirmed its intention to sell the factory. The directors of the Burgos-based dairy group communicated this to the Lugo and Arando plants company committees during the course of a meeting held in Benavente (Zamora).
Eurofound (2009), Leche Pascual, Closure in Spain, factsheet number 68976, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/68976.