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.
French logistics services provider Anovo is to close its plant in L'Hospitalet de Llobregat (Barcelona). Over the coming weeks the company will apply for a collective redundancy procedure affecting the entire workforce (106 employees). According to the company, the closure is due to the decision of its sole client, the telecommunications company Orange, to concentrate all the operations in Madrid in order to save costs. The trade union CCOO argues that Anovo has been promoting the plant of Madrid over the plant of L'Hospitalet de Llobregat for many years, even if the latter is more productive.
Eurofound (2015), Anovo, Closure in Spain, factsheet number 78175, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/78175.