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.
Construcciones Industriales, Montajes e Ingenierías (CIMISA), a Spanish construction and engineering firm, has announced the dismissal of approximately a hundred employees across its subsidiaries in Rovés, Corvera, and Madrid.
The layoffs are being carried out in conjunction with a bankruptcy file, as the company declares it lacks the financial means to sustain its operations and to pay the due severance. The unions have rejected the company’s proposal to claim indemnities from Fogasa, insisting on alternative mechanisms to secure workers’ compensation.
The dismissal is being implemented immediately, with the process expected to conclude once the bankruptcy file is formalised.
Eurofound (2026), Construcciones Industriales, Montajes e Ingenierías (CIMISA), Bankruptcy in Spain, factsheet number 300289, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/300289.
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