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.
Plumbing company Válbulas Arco has announced the intention to apply for a labour force adjustment plan which will affect 204 employees. The measure is blamed on reduced turnover. As of August 2011, there is no information on when the job cuts will be implemented by.
Eurofound (2011), Válvulas Arco, Internal restructuring in Spain, factsheet number 72326, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/72326.