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.
Semco Maritime, is a project engeneering company dedicated to provide global energy in the oil and gas sector in Denmark and will hire 200 new employees. The company has won contracts in redeveloping the Thyra Gas Field as well as providing CO2 storage and transport solutions for the Greensand Consortium project. They therefore announced that they need to hire 200 additional staff and the first batch needs to be hired before the start of Q2 2022. The positions are in a wide range of areas, including welder-fitters, electricians, technicians, and foremen. In an effort to create closer contact between offshore and onshore staff, Semco Maritime recently opened a satellite office at Esbjerg airport. With this office, onshore support staff can welcome their offshore colleagues as soon as they arrive at the airport, assist them and answer any questions they may have.
Eurofound (2022), Semco Maritime, Business expansion in Denmark, factsheet number 106360, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/106360.
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...
