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 23 January 2009, Electrolux Lehel announced the reduction of 110 jobs at its Nyíregyháza plant by the end of August 2009. This is due to the contraction of the household appliance market in the current economic climate.
After consultation with employees the company agreed to decrease the number of direct dismissals from 110 to 95. This was, however, only made possible because the company decided not to renew 15 fixed-term contracts due to an increase in productivity.
The Nyíregyháza plant produced 900,000 freezers last year. It is owned by the Swedish household appliance manufacturer Electrolux.
Eurofound (2009), Electrolux Lehel, Internal restructuring in Hungary, factsheet number 70117, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/70117.