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.
On 14 November 2012, the management of the paper-bag manufacturer Mondi announced the closure of its Saint-Jean-d’Illiac plant (Gironde) with 104 consequent job losses.
The group Mondi has 26,000 employees worldwide. It had bought this site from the group Smurfit-Kappa in 2010. The Austro-South African company employs around 26,000 in hundreds of plants, with a strong presence in Germany, Italy, Austria, Poland, Slovakia, among other countries.
Eurofound (2012), Mondi Lembacel, Closure in France, factsheet number 74490, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/74490.
Eurofound’s ERM restructuring legislation database offers an overview of key restructuring-related regulations in the EU Member States and Norway. Its content is continuously updated to reflect any changes made by national legislators in response to, for instance, policy shifts, legal...
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