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.
Ireland-based airline Ryanair will launch 19 new routes from Porto and Faro (Algarve), which will create 120 new jobs. Ryanair will invest almost €400 million in this process and in Porto it will create 11 new connections and 8 in Faro.
Both the bases in Faro and Porto will have two more planes (Boeing 737) operating in the next high season in order to respond to the increase in supply. According to the company's CEO, the expansion of the operation in Portugal was possible due to the reduction of the taxes at these two airports.
Lisbon and the Azores and Madeira islands are out of the company expansion plan, due to their high airport taxes.
Eurofound (2022), Ryanair, Business expansion in Portugal, factsheet number 108250, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/108250.
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...
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