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.
Pharmaceutical manufacturing company Braun, has announced 160 redundancies due to the closure of its oral health products plant in Carlow. The company has said that the remaining 100 employees, out of a workforce of 260, are to be transferred to its factory in Newbridge, County Kildare, by the middle of 2010. Braun intends to phase out some of its products because of declining demand from customers.
Eurofound (2009), Braun, Closure in Ireland, factsheet number 69065, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/69065.