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.
Coherent Solutions, an American software development company, is to create 330 new jobs by the end of 2024. In Romania, the company will deliver creative software solutions to customers around the world on artificial intelligence, machine learning, Internet of Things (IoT) or extended reality. In Romania, the company currently has 65 employees.
Coherent Solutions was established in 1995 and has more than 2,000 employees in eight countries. Its products and services include custom digital solutions; web and mobile app development, DevOps and data services, as well as emerging technologies such as block chain and IoT.
The company is headquartered in Minneapolis (Minnesota, USA) and has development centres in Belarus, Bulgaria, Lithuania, Republic of Moldova, Poland, Romania and Ukraine. Globally, in 2021 the company had sales of more than €95 million, up 31% compared to 2020.
Eurofound (2022), Coherent Solutions, Business expansion in Romania, factsheet number 107002, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/107002.
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,...
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