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.
Solar Turbines Slovakia, which is part of the US Caterpillar group, is planning to launch a new technology centre in Kosice. The new centre will develop turbine software. According to the government, which approved an investment incentive of €3.38 million for the centre on 11 May 2022, 125 new jobs should be created at the new centre by 2023. Solar Turbines plans to spend €9.6 million on wage costs and will invest in long-term tangible assets worth €500,000 between 2021 and 2025. The firm specializes in medium-sized industrial gas turbines and to date it produced over 16,000 turbines that have been installed in over 100 countries.
Eurofound (2022), Solar Turbins, Business expansion in Slovakia, factsheet number 106833, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/106833.
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...
