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.
Milcobel, the biggest dairy cooperative in Belgium, has announced the closure of its facility in Schoten. In total approximately 167 employees are at risk of losing their jobs (162 in Schoten and an additional 5 in supporting services in the facility in Brugge). The facility was specialised in the production of milk based beverages. However, the demand for these types of milk products has been decreasing steadily in recent years. In addition the facility in Schoten is outdated and would require significant investments in the future. The company management therefore decided to close the facility entirely and stop with the production of these types of products.
Eurofound (2020), Milcobel, Closure in Belgium, factsheet number 101757, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/101757.
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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