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 Czech automaker Škoda Auto has launched production of Modular Electric Drive (MEB) battery systems at Mladá Boleslav headquarters. Around 250 employees will be assembling more than 250,000 battery systems a year on the newly constructed production line. The company has invested around € 130 million.
Škoda Auto reveals plans to expand its MEB battery system assembly line in 2023 with an investment of € 57 million and to produce more than 380,000 battery systems a year in total. At this stage, the company will hire 180 new employees.
The Czech car manufacturer’s headquarters is the only production site in Europe outside Germany where MEB battery systems are manufactured.
Eurofound (2022), Škoda Auto, Business expansion in Czechia, factsheet number 106805, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/106805.
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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