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.
The Lithuanian fintech start-up Kevin EU (kevin.) has announced that it is to create about 250 jobs worldwide in 2022. The company has just secured $10 million (€8.82 million) of new capital in a funding round. The new funds will be used to develop new products for account-to-account payments and expand into new markets. Currently, Kevin EU provides its services to more than 2,700 merchants in 15 markets and plans to operate in 28 markets in total.
KEVIN EU is a fintech start-up based in Lithuania. The company provides solutions for mobile and POS payments and employs about 100 employees in seven countries.
Eurofound (2021), Kevin EU, Business expansion in World, factsheet number 105863, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/105863.
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...
