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.
HMF, Højbjerg Maskin Fabrik, is a Danish manufacturer of cranes and other lifting equipment. The company plans to dismiss up to 60 employees due to an expected decline in orders in 2023. The decline is due to expected lower activity in the transport sector globally because of higher interest rates and risk of economic recession. HMF is expecting a ten percent lower demand and are therefore dismissing about 10 per cent of the staff. The company will cooperate with the local job centers to ensure that the dismissed workers are aided in finding new positions elsewhere.
Eurofound (2022), HMF Group, Internal restructuring in Denmark, factsheet number 108024, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/108024.
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...
