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 Critical Manufacturing, a subsidiary of the ASM Pacific Technology Limited, located in Maia, North Portugal, will recruit 200 new workers until the end of 2022. The company is looking for industrial management and software development engineers, but also professionals for areas such as project management, support, marketing and commercial. Currently, the company employs more than 300 employees.
In 2021, the company recorded a growth of 65% compared to 2020, and for 2022 the forecasts point to a 60% increase in sales.
Currently, 99% of Critical Manufacturing employees continue in telework, with no drop in productivity in these two years of pandemic. However, the company does not believe in a 100% remote work regime, but rather in a hybrid model.
Eurofound (2022), Critical Manufacturing Portugal, Business expansion in Portugal, factsheet number 106559, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/106559.
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...
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