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.
On 18 December 2013, the German producer of printing presses Koenig & Bauer (KBA) announced plans to cut up to 1,500 jobs as part of a cost-cutting plan.
As reported, the restructuring plan envisages job cuts in Würzburg, Radebeul, Frankenthal (Germany), Moedling (Austria) and Dobruška (Czech Republic).
The company, which has headquarters in Würzburg (Germany) currently employs around 6,100 staff.
Eurofound (2013), Koenig & Bauer (KBA), Internal restructuring in European Union, factsheet number 76343, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/76343.
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