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.
Peta UK is a 40 years old family business, which produces knifes, scissors, and garden tools. The company joined the project "Made in Britain" in order to highlight the quality of its production. According to Genny Crockett, Managing Director of PETA UK, the backshoring from China allows an increased control over production. Following the reshoring, the lead time has been dramatically reduced and so has the size of batches. PETA works closely with Skar Precision Mouldings Ltd in Hadleigh, Suffolk. According to Brian McLellan, Technical Sales Director of Skar, Skar has been working with PETA for many years and has helped them to move production of some parts to the UK. Skar has supported several more companies to backshore part of their production from China back to the UK. According to McLellan, the backshoring had a commercial sense for customers.
Eurofound (2016), Peta UK, Reshoring in United Kingdom, factsheet number 169, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/169.
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...
