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.
Continental, Germany's automotive component production giant, is to create around 500 new jobs in its subsidiary in Kaunas over the next few years. The company is about to finish the construction of a new plant and to increase production capacity in the Kaunas Free Economic Zone. The investment in the new plant totals €90 million. The plant in Kaunas will be opened in the spring of 2022. Currently the company employs 472 employees. The company plans to reach a total of 1,500 employees in its subsidiary in Kaunas by the end of 2025.
Continental employs around 241,000 employees worldwide.
Eurofound (2021), Continental Automotive Lithuania, Business expansion in Lithuania, factsheet number 106162, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/106162.
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...
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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