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.
Garo Polska, a Polish branch of a electric vehicles equipment manufacturing group, announced the creation of 300 jobs in a new manufacturing site in Szczecin. Recruitment will start in April 2023. The company expects to employ mostly operational workers on the site that is currently under construction. The total investment in the new site is expected to be of EUR 10,000,000. The plant will produce charging stations for electric vehicles.
Garo is a Swedish group which has been present in Poland since 1996. Since 2012, it is also operating in the special economic zone in Szczecin. Currently, it employs around 50 people in Szczecin.
Eurofound (2022), Garo Polska, Business expansion in Poland, factsheet number 107398, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/107398.
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...
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...
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