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 3 May 2012, Handelsblatt announced the closure of German haulage company Spedition Schüchen International. Schüchen filed for insolvency in May. The bankruptcy affects up to 750 employees, who are currently employed at 10 sites in Germany. The company has also subsidiaries in Austria and the Czech Republic.
Eurofound (2012), Spedition Schüchen International, Bankruptcy in Germany, factsheet number 73531, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/73531.