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.
Bitech Engineering in Ireland's County Louth is to close, resulting in all 200 staff being made redundant. Bitech is a a subsidiary of Glen Dimplex, one of the world's largest producers of electrical products. It is understood that the closure will have a detrimental impact on the local area, given the size of the plant.
Eurofound (2010), Bitech Engineering, Closure in Ireland, factsheet number 70171, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/70171.