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.
German manufacturer of steel products Trierer Stahlwerk, will close its site in Trier and cut 200 jobs.
The company filed for insolvency in November 2011. Plans to find a new investor have not been successful, but will continue as long as employees are trained in a transfer company in the coming three months.
Eurofound (2012), Trierer Stahlwerk, Bankruptcy in Germany, factsheet number 73742, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/73742.