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.
Nordzucker, Europe's second largest manufacturers of sugar, announced a restructuring and saving programme including 300 job cuts. According to management, this is due to the acquisition of the Danish Danisco Company in 2009 and the current competitive situation on the European sugar market. The restructuring plan aims at saving €67 million until 2014/15. As of February 2010, no information on the countries concerned is available.
Eurofound (2010), Nordzucker, Merger/Acquisition in European Union, factsheet number 70183, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/70183.