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.
The paper firm Torraspapel will close its plant located at Sarria de Ter (Girona). The closure implies the dismissal of 132 workers. The workers committee had opposed the plan of the company. Accordingly, they had presented the managers three alternative plans. The plans have been finally rejected by the managers. A negotiating table will be set up on 28 May 2014 aiming at dealing with the closure of the company.
The ERM previously reported on restructuring at Torraspapelin Spain in 2008
Eurofound (2014), Torraspapel, Closure in Spain, factsheet number 77073, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/77073.