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.
Tempus Company, the biggest BMW car seller in Slovakia, closed its showrooms AWT Bavaria and Bavaria on 1 October. The Company announced mass dismissal of 221 employees. The closure is attributed to the end of the contract with BMW Vertriebs Company importing BMW cars to Slovakia. Redundancies will also affect maintenance services departments.
Eurofound (2013), Tempus Bawaria, Closure in Slovakia, factsheet number 75982, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/75982.