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 Czech brown coal mining company Severní Energetická (SE) plans to make some 200 workers redundant in 2017 due to the phase-out of coal mining at the CSA mine by 2024, based on a government decision from 2015 not to break the limits of mining. The dismissed miners will be entitled to compensation of up to CZK 5300 (EUR 196) a month for a maximum period of five years.
Eurofound (2017), Severní Energetická (SE), Closure in Czechia, factsheet number 89770, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/89770.