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.
The distribution centre of the Austrian trading company Adeg is to be closed down in October 2013, thus making all 100 employees redundant.
The company was bought by the German supermarket chain Rewe in 2008. According to a Rewe spokesperson, the utilisation levels of the distribution centre in Spittal an der Drau in Carinthia have been low lately. Its capacities will be incorporated into the company's central warehouse. Good solutions for the employees are to be found; however, this is still an ongoing process.
The Carinthian branch of the Chamber of Commerce (AK) has strongly criticised the move. Neither the AK, nor the Public Employment Service (AMS) have been informed of the step beforehand.
Eurofound (2013), Adeg, Closure in Austria, factsheet number 75373, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/75373.