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.
Baumax, an Austrian-owned 'do-it-yourself' chain, will close its 14 stores in Hungary by April 2015, resulting in the loss of 788 jobs. The XXXLutz furniture chain will take over the stores.
Eurofound (2015), Baumax Magyarország, Closure in Hungary, factsheet number 78286, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/78286.