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 commercial court of Le Mans has decided the liquidation of the lighting manufacturer Silen that will lead to the closure of its twi sites of Saint-Calais (Sarthe) with 21 job cuts and Nevers (Nièvre) with 83 job cuts. A total of 104 employees will be dismissed if the management fails to find a company to take over the sites within a month. The site of Nevers was bought by Silen in 2015, which launched an employment safeguard plan to cut about 42 positions.
Eurofound (2016), Silen-Ledpower, Closure in France, factsheet number 88645, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/88645.