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.
German manufacturer of automotive components, Mahle, is to close by March 2014 its manufacturing operations unit in Ingersheim that currently employs 270 employees. As announced by the management, the restructuring is due to the overcapacity of its production in Europe and thus the company decided to close its French site rather than other sites in Italy, Spain and Poland. The French site lost 43 million euros between 2007 and 2012. In 2009, the management had launched a social plan with 120 job cuts (see Mahle-FR2009). For previously reported restructuring events in the group see Mahle-DE2010, Mahle-WO2009, Mahle-DE2009, Mahle-ES2009, Mahle-UK2009, Mahle-AT2008, Mahle-PL2008 and Mahle-PL2005.
Eurofound (2013), Mahle, Closure in France, factsheet number 75533, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/75533.