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.
Aviko, a company of the Dutch Royal Cayun Group and one of the four largest potatoe processors worldwide, decided to close the Amberg-based plant of Dolli, a manufacturer of regional potatoes specialities, by 31 December. Aviko had increased ownership of AMberg Dolli from 60% to 100% at the beginning of 2018 saying it will restructure and modernise the plant. However, according to the company, since then various attempts to improve the profitability of the operation have failed. The plant had worked with loss, with no prospect of improvement. The announcement of the closure came as a surprise. About 150 employees are expected to lose their jobs. Some employees will be offered alternative jobs at the Aviko plant in Rain am Lech, also in Bavaria.
Eurofound (2018), Dolli Amberger, Closure in Germany, factsheet number 96314, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/96314.