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.
Arkivator AB is a proprietary Swedish industrial company which in May gave notice to 54 employees in Tidaholm (5) and Falköping (49), due to the crises in the automotive sector. One of their largest customers is Volvo which also has given notice to large reductions of their work force the past year. The notice is now realized and was the last in a series of notices that have affected the company. Arkivator has reduced its number of empoloyees from 451 to 260 since October 2008, when the crisies in the automotive sector started.
Eurofound (2008), Arkivator, Internal restructuring in Sweden, factsheet number 69555, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/69555.