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.
Eurofound monitors restructuring events in all Member States of the European Union on an ongoing basis. The following figures relate to the period between 13 August 2024 and 21 November 2024. You can see all summary figures by sector, country and restructuring type by clicking on the icons.
When it comes to cases which fall under the restructuring type relocation, the activity stays within the same company but is moved to another location within the same country.
Cases which are classified as outsourcing are characterised by the activity being subcontracted to another company within the same country.
The restructuring type offshoring/delocalisation signifies that the existing activity is relocated or outsourced outside of the country’s borders either to a subsidiary or another company in a third country.
When it comes to this restructuring type, a company goes bankrupt or is liquidated for economic reasons which are not directly connected to a relocation or outsourcing.
Cases within the category closure signify that an establishment or industrial site is closed for economic reasons not directly connected to a relocation or outsourcing. A closure can also arise as a result of the...
When it comes to cases in this restructuring category, two companies either merge, or one acquires another. As a consequence, an internal restructuring programme is undertaken aimed at rationalising organisation by cutting personnel.
For cases in the category internal restructuring, the company undertakes a job-cutting plan, which is not specifically linked to another type of restructuring. An internal restructuring can involve both job cuts and, in some cases,...
Cases within the category business expansion are about a company extending its business activities and hiring new workforce to cater for this expansion.
Reshoring is the relocation of previously offshored activities to an EU destination. Two types are included in the database: companies that reshore to their home country (within the EU) value chain activities previously offshored to...
