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.
As reported on 31 May 2012 by Rheinische Post, ThyssenKrupp subsidiary ThyssenKrupp Presta, an automotive supplier, will close its site in Düsseldorf by the end of 2012 and 155 jobs will be cut.
In total, ThyssenKrupp Presta employs 340 people in Düsseldorf, 140 of them are employed on fixed-term contracts, which are to expire, and other employees who, ThyssenKrupp Presta hopes, may accept early retirement.
Eurofound (2012), ThyssenKrupp Presta, Closure in Germany, factsheet number 73663, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/73663.