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.
In May 2009, industrial fan manufacturer Ziehl-Abegg dismissed 48 workers and reduced working time by 20 percent for remaining employees at it's Marcali plant. The redundancies came as a consequence of the global crisis affecting the building industry, which represents the a substantial amount of demand. Before the crisis, the plant was expected to expand, increasing employment from 100-150 workers.
Eurofound (2009), Ziehl-Abegg ventillátorgyártó, Internal restructuring in Hungary, factsheet number 69649, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/69649.