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.
Prevent Halog is a Slovenian company which produces car seat covers. Based in Lenart (Podravska region), it employs 499 employees. Their main current customer, the German multinational company Daimler, recently decided to discontinue its orders and to procure car seat covers from the Czech Republic. As a result 412 employees are expected to lose their job. The remaining 87 workers will be moved to IMS Avtomotivi, the company which will take over the remaining activities of Prevent Halog. In November 2012, 213 jobs were cut due to internal restructuring (see FS 74549).
Eurofound (2014), Prevent Halog, Closure in Slovenia, factsheet number 77584, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/77584.
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