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.
Empik, a Polish books, press and media products trader, announced that it will close all of its book stores operating under the brand Mole Mole. As a result, about 100 people will be made redundant. Also, the retailer will liquidate the Mole Mole online store. At the same time, the company revealed that 40 of its book stores with the Empik logo, located in shopping malls, will not be reopened despite the decision of the Polish government to ease coronavirus lockdown restrictions and allow the malls to reopen on 4 May 2020. Empik has thus terminated 40 contract agreements.
Empik was founded in 1991; currently, the chain has over 260 stores across the country. The company also owns a photo company, Empik Foto, a foreign language school - Empik School, as well as 35 Mole Mole stores.
Eurofound (2020), Mole Mole, Closure in Poland, factsheet number 100619, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/100619.
Eurofound’s ERM restructuring legislation database offers an overview of key restructuring-related regulations in the EU Member States and Norway. Its content is continuously updated to reflect any changes made by national legislators in response to, for instance, policy shifts, legal...
Can Europe still achieve its ambitions for battery manufacturing? To answer this, the article looks at data from Eurofound’s European Restructuring Monitor and explores what recent large-scale restructuring events reveal about the state of play in the EU battery sector.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...
