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.
Billerud Korsnäs is a Swedish pulp and paper manufacturer. The company has announced that it will move a machine-glazed paper machine from Finland, to Skärblacka in Sweden. Moreover, the company will rebuild an existing paper machine in Skärblacka to increase its paper coating capacity. The company said it would invest in Skärblacka to increase surface treatment capacity on the mill's PM 7. The relocation of the Tervasaari MG kraft paper machine and the PM 7 investment are part of the company's plans first announced in autumn 2015. The investments should cost around EUR 138.48mn should start during the year 2016 to be operative in Q1 2018. The company expects to create 40 new jobs through the operation.
Eurofound (2016), Billerud Korsnäs, Reshoring in Sweden, factsheet number 173, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/173.
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...
