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 Phoenix Solar has announced a restructuring programme affecting 179 employees. Phoenix Solar's domestic workforce will be cut to 130 employees and the company's total staff will be reduced from 409 to 230 employees worldwide.
Sulzemoos-headquartered Phoenix Solar specialises in planning, building and operating large-scale photovoltaic power stations, and is a wholesaler for turnkey photovoltaic systems, solar modules and accessories.
Eurofound (2012), Phoenix Solar, Internal restructuring in European Union, factsheet number 73774, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/73774.