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.
Divesa, a company specialised in selling and repairing Mercedes cars, has announced that it will close with the loss of 109 jobs. The company is closing due to declining profits. The jobs will be cut through a collective dismissal plan (ERE) and employees can consult the details of the plan until 10 May 2014.
The company intends to retain 24 employees in order to carry out the final orders. According to the source, it is possible that the production unit could be bought by other company. In that case, 15 jobs would be saved.
Eurofound (2014), Divesa, Closure in Spain, factsheet number 76859, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/76859.
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