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.
Hisense Gorenje, the home appliance manufacturer (producer of refrigerators, kitchen stoves, washing, drying, dish-washing machines), has cancelled ongoing dismissals which were announced in April 2020 and announced at least 350 new employments in September 2020. The company reports a 30% rise in demand for home appliances compared to 2019 and expects between 15% and 20% production growth at the beginning of 2021. For this reason, workers whose employment contracts were to be terminated in July will keep their jobs. Moreover, 240 new workers have been employed in August 2020, and between 350 and 400 are to be hired in September. All new employments are temporary and will last at least until the end of the year.
Eurofound (2020), Hisense Gorenje, Business expansion in Slovenia, factsheet number 101545, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/101545.
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...
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