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.
Multinational glass products manufacturer Vitro Cristalglass has applied for a redundancy procedure affecting 429 employees at two plants located in Ponferrada (Castilla y León). The timeline for the restructuring has yet to be announced. The unions argue that the company should seek alternative measures.
Eurofound (2012), Vitro Cristalglass, Internal restructuring in Spain, factsheet number 73676, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/73676.