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.
Atria Eesti's closure of their plant in Ahja resulted in 73 job losses.
In January, Atria Eesti announced that restructuring of their company was to result in shutting down the plant in Ahja, Põlva county. According to the announcement, production was transferred to other plants in the region. The Unemployment Insurance Fund recently confirmed that this resulted in 73 persons being made redundant out of a total of 530 employees at the company.
According to media reports, the restructuring plan that included the plant's closure was designed to cut expenses by about EUR 1 million.
Eurofound (2010), Atria Eesti, Internal restructuring in Estonia, factsheet number 70720, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/70720.
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