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.
The Bulgarian division of the cyber protection solutions IT company Acronisannounced they will quadruple the number of its Sofia staff by the end of 2021. During the past year and a half the staff grew from 20 to 200 employees. The Bulgarian division of Acronis is expected to become the largest worldwide R&D centre. The plans are to have some 400 employees by the end of 2020 and 1,000 employees by the end of 2021.
The Bulgarian division of the company was established when in 2018 the Switzerland-based Acronis AG acquired 100% of the Bulgarian T-Soft EOOD and renamed the company to Acronis Bulgaria EOOD. Acronis was founded in Singapore in 2003 and incorporated in Switzerland in 2008. Acronis has more than 1,500 employees in 33 locations in 18 countries. The company services more than 5.5 million consumers and 500,000 businesses.
Eurofound (2020), Acronis, Business expansion in Bulgaria, factsheet number 100945, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/100945.
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...
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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...
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