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.
Pharmaceutical company Lek from Slovenia, a subsidiary of Swiss-based Sandoz group, has made a final decision to cease antibiotic production at its Prevalje plant by late 2023, offshoring production to Austria which will lead to the dismissal of 220 workers. As part of the social plan, the company has offered the reemployment of some redundant workers in other LEK plants, and negotiations with the relevant trade union over the redundancy package has begun.
The first relocation announcement was made in 2019 (Lek-2019-SI), but it was then postponed due to the Covid-19 pandemic.
Eurofound (2023), Lek, Offshoring/Delocalisation in Slovenia, factsheet number 109263, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/109263.
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...
