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 July 6th, the management of the warehouse trolley manufacturer Still-Saxby announced the closure of its plant in Montalaire (Oise) until mid-2012 and its plant in Bari (Italy). The plant in Montataire employs 185 permanent and 70 temporary workers.
Due to large losses of the German group Kion, owner of Still-Saxby and other brands such as Fenwick and Linde, the decision was taken to concentrate the European production on their sites in Châtellerault (Vienne) and Luzzara (Italy). Some employees will be relocated from Montalaire to others sites in France or Italy.
The social partners are currently negotiating the social plan under tense conditions.
Eurofound (2011), Still Saxby, Closure in France, factsheet number 72540, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/72540.
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