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.
Brabant Alucast, a metalproducing company, is closing and has resulted in the loss of jobs of all its 109 employees. Alucast first declared bankruptcy on 24 July 2018 but maintained hope that a buyer would relaunch and retain the employees. However, on 27 August, the company announced that negotiations on a potential relaunch were unsuccesful and the 109 employees were officially let go.
Eurofound (2018), Brabant Alucast, Bankruptcy in Netherlands, factsheet number 95570, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/95570.