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.
German developer and manufacturer of lighting technology and electronic products for the automobile industry, HELLA, is to hire 100 people by the end of 2023. The company is further expanding its activities in software and electronics. The latest example is the new centre for development and open testing in Iasi (Iasi County). The Iasi centre initial tasks include software development and testing for 77 GHz radar sensors, a central key technology for assisted and automated driving.
For its R&D centre in Iasi, the company is looking for specialists in system engineering, software development, software testing and system testing. In 2021, the company advertised 250 new jobs for the Craiova (Dolj County) centre.
HELLA has been present in Romania since 2007 and currently employs around 4,500 people. In addition to a regional administrative center, HELLA also maintains three plants and three other development sites in Romania.
Eurofound (2022), Hella Romania, Business expansion in Romania, factsheet number 108083, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/108083.
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...
