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.
As announced on 25 April 2014, the German energy supplier enviaM is to cut 270 jobs until the end of 2017. Job losses are due to a decrease of the annual net profit between 2012 and 2013. EnviaM employs 4,128 in total.
The envia Mitteldeutsche Energie is a regional supplier of electricity and gas in eastern Germany. The RWE AG holds the majority of its shares.
Eurofound (2014), Enviam, Internal restructuring in Germany, factsheet number 77018, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/77018.