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.
Vilnius International Airport intends to dismiss 125 employees in Vilnius by the end of 2010. The main cause of the dismissals is internal restructuring of the company intended to save up to 15 million LTL (4.35 million EUR). Currently the airport employs 425 employees. Since the beginning of the restructuring in 2009 the company has already dismissed approximately 250 employees.
Eurofound (2010), Vilnius International Airport, Internal restructuring in Lithuania, factsheet number 71037, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/71037.