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.
Anglo American, the British multinational mining company has announced that it will create 200 new jobs at its polyhalite mine in Whitby, North Yorkshire. The new jobs include surveyors, engineers, and skilled trades, as well as general construction roles.
The chief development officer of the new mine said the company aimed to provide work opportunities for local people, who will be involved in building 'the first new mine in the UK for a generation'. The mine is designed to blend into the landscape, and it will be used to extract polyhalite ore, a natural fertiliser, from a mile under the surface.
Anglo-American is a major producer of platinum, copper, nickel, iron ore, coal, and diamonds. It has operations across the globe, and it employs 90,000 people, with 2,000 working in Europe. When the site near Whitby is at full production, it will employ 1,000 people directly.
Eurofound (2020), Anglo American, Business expansion in United Kingdom, factsheet number 102257, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/102257.
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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In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...
