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.
Plenty Market, an Italian mini-market chain, has announced its bankruptcy with the consequent loss of 180 jobs. The mini-markets affected by the job cuts are located at Bologna, Budrio, Cesena and Ferrara.
The trade unions reacted to the company's decision by organizing protest actions. Moreover, there will be a meeting between trade unions and company managers in order to guarantee measures to ease the social impact of the planned redundancies.
Eurofound (2012), Plenty Market, Bankruptcy in Italy, factsheet number 73672, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/73672.