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.
REHAU, the Germany-based plastics manufacturer has announced that it will close its plant in Amlwch, North Wales by the end of 2019, making more than 100 employees redundant. A spokesperson commented that the company concentrates on supporting the staff through this challenging period. The Member of Parliament representing the area supported that he was very disappointed about the decision, which was made after a three-month consultation with employees. The factory has operated in Amlwch for more than 40 years and its main product is a PVC polymer which is used on furniture. The company employs 500 people in UK and Ireland.
Eurofound (2019), REHAU, Closure in United Kingdom, factsheet number 97646, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/97646.