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.
Truck part producer Polytec closes and relocates its Automotive Composites Division from Ljungby, Sweden, to Germany cutting 116 out of 140 jobs. This is due to the low number of orders received by the truck manufacturers to whom Polytec supplies components. The relocation will be carried out gradually during 2009.
Eurofound (2009), Polytec Composites, Offshoring/Delocalisation in Sweden, factsheet number 70150, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/70150.