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.
Kinnarps, Swedish-based manufacturer of office furniture, will relocate its site from Minden (North Rhine-Westphalia) to Sweden thus making 140 people redundant. This is said to be due to increased efficiency.
The relocation shall be completed by the first half of 2014. In Minden, the company aims to open an “International Design Center”. There is no official information on the number of people to be employed, but it is suggested that only 10 people will be employed. The Kinnarps site in Worms is not affected.
Eurofound (2013), Kinnarps, Offshoring/Delocalisation in Germany, factsheet number 75950, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/75950.
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