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.
The management of the Saunier Duval factory, which manufactures condensing boilers, water heaters, heat pumps and air-conditioning systems, has announced the recruitment of 150 operators in 2023 as well as 90 employees in support functions, which will increase the workforce from 1,100 employees to almost 1,300 by the end of the year.
The company's management plans to invest €30 million in Nantes by 2025 to strengthen the heat pump production lines. The site has set itself the target of doubling its production in 2023 to 120,000 heat pumps, and eventually to 160,000 units. These investments will enable the construction of a new 2,000 m2 building that will house a paint line by the summer of 2024.
Two previous recruitment announcements have been recorded on the ERM Database in 2022 with 130 job creations (FR-Saunier-Duval-2022) and in 2020 with 115 job creations (FR-Saunier-Duval-2020)
Eurofound (2023), Saunier Duval, Business expansion in France, factsheet number 108595, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/108595.
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...
