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.
Slovak company Dedoles selling socks and other textiles is dismissing 200 employees due to financial problems. Problems in paying invoices emerged unexpectedly in 2022 after the company had set up an ambitious plan, since its sales rose from €6 million in 2018 to nearly €50 million in 2020 and in 2021, to more than €90 million. According to the owner, Jaroslav Chrapko, problems have been mainly caused by logistic problems in China, who produces the merchandise, which caused delivery delays as well as the price increase of almost all raw materials. The COVID-19 pandemic and war between Russia and Ukraine had also contributed negatively.
Eurofound (2022), Dedoles, Internal restructuring in Slovakia, factsheet number 106576, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/106576.
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...
