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.
Corus, the Anglo-Dutch steel group, accelerated the retrenchment of its UK operations yesterday by announcing the closure of its heavy section mill at Scunthorpe later this year with the loss of 156 jobs. It is shedding a further 80 jobs at the Lincolnshire plant. Corus sugared the pill of further job losses by saying it would invest £32m in steelmaking and production facilities for rod and plate products at Scunthorpe - on top of £12m already put in to modernise the plant this year.
Eurofound (2004), Corus, Internal restructuring in United Kingdom, factsheet number 60304, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60304.