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 windmill producer MHI Vestas is dismissing a total of 148 employees at three factories in Denmark. The factories are located in Nakskov, Lindø and Esbjerg. The dismissals are caused by delays in larger projects, which means that activity is lower than expected. MHI Vestas is owned by Vestas and the Japanese Mitsubishi Heavy Industries. The turnover in MHI Vestas has dropped by 60% in the first six months of 2020. The company experienced a deficit of DKK 45 million (€6 million as at 23 August 2020) during this period. The company had a surplus of DKK 238 million (€32 million) for the same period in 2019.
Eurofound (2020), MHI Vestas, Internal restructuring in Denmark, factsheet number 101501, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/101501.
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...
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