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.
Energy group Nuon, part of Swedish power company Vattenfall, announced its intention to close the experimental plant in Buggenum, resulting in the loss of 140 jobs.
The plant is one of two in Europe, which works on developing a procedure of changing coal into gas. Background to the closure is the difficult market situation.
For an overall view of the restructuring process in Vattenfall in the EU area, please see factsheet 23626.
Eurofound (2012), Nuon, Closure in Netherlands, factsheet number 74870, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/74870.