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.
On 8 October 2009 Danish manufacturer of lighting equipment Martin Professional, based in Frederikshavn, announced that one of the its two factories in Frederikshavn (Saltebakken) will be closed and 100 employees will be made redundant. In August, Martin dismissed 140 employees in both factories after trying to avoid redundancies through work-sharing.
Eurofound (2009), Martin Professional, Closure in Denmark, factsheet number 69766, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/69766.