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.
Metal manufacturing company Metales Extruidos is to close its plant located in Valladolid. It is in the process of applying for a redundancy procedure affecting the entire workforce (320 employees). Dismissed workers will receive a compensation equal to 20 days per year worked, up to a maximum of one year.
Eurofound (2013), Metales Extruidos, Closure in Spain, factsheet number 75820, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/75820.