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.
On 29 April 2011, the printing company Schlott announced to close its site in Freudenberg, Baden-Wurttemberg. All 280 jobs will be lost by the end of July 2011. Schlott has gone bankrupt and its insolvency manager has failed to find an investor for the site in Freudenberg while negotiations with investors on the future of Schlott facilities in Luebeck, Landau and Nuremberg are still going on.
Eurofound (2011), Schlott, Bankruptcy in Germany, factsheet number 71903, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/71903.