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.
Wizz Air, an Hungarian low cost passenger airline, plans to recruit 100 people in Bulgaria by 2022. Wizz Air accepts applications from people with previous experience as a cabin crew, as well as from those without any previous experience.
The expansion of Wizz Air's employee number will help the company to achieve its goal of operating 500 aircraft and 20,000 staff by 2030, and locally support the development of Bulgarian tourism and economy.
In 2021 Wizz Air employs 3960 people worldwide. Wizz Air plans to operate 500 aircrafts and carry over 100 million passengers per year by 2030. Currently the airline flies to 109 airports in 51 countries in Europe, Asia (mainly Middle East) and North Africa.
Eurofound (2022), Wizz Air, Business expansion in Bulgaria, factsheet number 106943, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/106943.
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...
