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 Spanish publishing group Everest has achieved an agreement with its work council that will result in the dismissal of 100 workers in León. The remaining 27 workers will stay in the company for a few more months in order to liquidate the stock of books. The group is closing due to a lack of funds, and the unwillingness of investors to deposit the required €100,000 before the deadline of September 30. Everest group has three companies: Editorial Everest (70 employees), Evergraficas (54 employees) and Editorial Ediciones (17) employees. The current dismissals will affect workers from Editorial Everest and Evergraficas. Workers from Editorial Ediciones were affected by a previous employment adjustment in 2012.
Eurofound (2015), Everest, Closure in Spain, factsheet number 84991, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/84991.
Eurofound’s ERM restructuring legislation database offers an overview of key restructuring-related regulations in the EU Member States and Norway. Its content is continuously updated to reflect any changes made by national legislators in response to, for instance, policy shifts, legal...
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