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.
Hornbach, a German construction and gardening retailer, has started the recruitment process for opening its ninth store in Constanta (Constanta County). The store will employ 110 people by the end of 2022. The new positions are for department managers, commercial workers, cargo reception workers, drivers and cashiers. In 2021, the company employed a workforce of 1,000 in Romania.
Currently, the company owns 168 shops in nine European countries (Germany, Austria, the Netherlands, the Czech Republic, Luxembourg, Switzerland, Sweden, Slovakia and Romania), including eight in Romania (three in Bucharest, Brasov, Cluj, Timisoara, Sibiu and Oradea). It has a total workforce of 22,136.
Eurofound (2022), Hornbach, Business expansion in Romania, factsheet number 107447, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/107447.
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...
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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...
