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.
Chinese producer of automotive components Ningbo Tuopu Group has announced that it will create 450 jobs at its new production facility in Poznań. The recruitment process has been launched; at the moment, the investor is looking for qualified specialists, engineers and operation process staff. The company is to invest €30 million in its first factory in Europe which will produce components for electric vehicles. The plant, consisting of over 30,000 square meters, will be located in the Kostrzyn-Słubice Special Economic Zone, and the investment has been supported by the Polish Investment and Trade Agency (PAIH).
Ningbo Tuopu Group was founded in 1983; the company provides mainly five series of products, such as anti-vibration system, interior & exterior system, automated driving system, chassis lightweight system and thermal management system. The company operates in China, the United States, Canada, Brazil, Malaysia, Sweden, Germany and France.
Eurofound (2021), Ningbo Tuopu Group, Business expansion in Poland, factsheet number 104763, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/104763.
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...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
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...
