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 German-owned polymer business Rehau will close its production plant for micro cable conduits in Neulengbach, Lower Austria, causing a loss of 113 jobs. By the end of 2021, the production plant will be offshored to Eastern Europe. The restructuring will be implemented gradually. The local labour agency is informed and there will be a redundancy programme.
Rehau is a family-owned business from Germany, employing around 20,000 people at 170 locations around the world.
Eurofound (2020), Rehau, Offshoring/Delocalisation in Austria, factsheet number 99692, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/99692.
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