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.
The Casino de la Vila in the town of la Vila Joiosa in Alicante, part of the Casinos del Mediterráneo chain, closed its doors on 19 March following a unilateral decision on the part of the company and without prior warning to the 121 affected workers. The workers have reported Casinos del Mediterráneo for unfair dismissal, as their representatives do not accept the economic data provided by Casinos del Mediterráneo to justify the closure. The chain alleges losses of 14 million euro, but the workers' representative said that what the company intends is a "closure without any possible justification".
Eurofound (2010), El Casino de la Vila, Closure in Spain, factsheet number 70426, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/70426.