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 110 employees of ATM in Maaseik have lost their jobs after the commercial court of Tongeren has confirmed the bankruptcy of the auto company. With its activities in construction and maintenance of trailers and tippers, ATM has been hard hit by the crisis.
Six month ago, ATM was placed under juridical protection. Unfortunately, because no prospective buyer had been found, bankruptcy was unavoidable.
Eurofound (2010), ATM, Bankruptcy in Belgium, factsheet number 71335, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/71335.