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.
Saint-Gobain, the French multinational company specialised in the engineering and manufacturing of materials, has announced the closure of its glass factory in Arbós (Tarragona), with the dismissal of its 122 employees, and affecting another 80 indirect workers. The Arbós plant was expecting an investment for the renovation of its float furnace. However, the company said that the situation of the sector caused by COVID-19 is forcing the suspension of this investment, causing the closure of the factory.
The unions denounce that the company wants to distribute the production currently located in Catalonia to other factories across Germany, France, Poland and Egypt. The unions have held a two-week strike at the factory in protest against this plan. The company and the worker representatives are now negotiating on the terms of the plan.
Eurofound (2020), Saint-Gobain, Closure in Spain, factsheet number 101922, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/101922.
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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