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 Labour Court of Valencia has approved the labour force adjustment plan presented by Cyes Infraestructuras, which is the main company of the construction group Cyes. The plan envisages 130 job losses. The job reduction measure is a result of the insolvency of the company.
Eurofound (2014), Cyes Infraestructuras, Bankruptcy in Spain, factsheet number 77703, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/77703.