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.
Baritech, a company that produces components for surgical masks, announced that it will not ask for an extension of the redundancy fund (Cassa Integrazione) period expiring on 31 January 2023, and will therefore lay off the company's 113 employees.
The request made by the trade unions was for an extension of a further 20 days, which was not accepted by the company. The extension had been requested to try to find buyers but, despite some expressions of interest in the past, there were never any binding offers.
Eurofound (2023), Baritech Operations, Closure in Italy, factsheet number 108355, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/108355.
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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