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.
Printing press Süddeutsche Societäts-Druckerei is going to be shut down by the end of the year which will make 100 jobs redundant. The closure is mainly due to the bankruptcy of local Munich newspaper Abendzeitung.
Süddeutsche Societäts-Druckerei belongs to Frankfurter Societäts-Medien which forms part of the Frankfurter Allgemeine Zeitung (FAZ) foundation. FAZ and media company Axel Springer are also among the costumers but printing the Abendzeitung was the main task of the printing press.
Eurofound (2014), Süddeutsche Societäts-Druckerei, Closure in Germany, factsheet number 77377, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/77377.