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.
Prozis, a Portuguese internet-based company focusing on health food and food supplement products, it's expanding its operations. By the end of 2023, the company is planning to hire 100 employees for its unit in Guimarães (Prozis Seamless) in the areas of clothing, weaving, and thermosetting. In addition, for their new unit in Vila Nova de Famalicão, Prozis aims to recruit a total of 150 workers by 2024, with 50 hires anticipated for 2023 and an additional 100 in 2024.
Prozis Group, originally focused on the production and delivery of food supplements, now has ten manufacturing units across Portugal. The company has expanded its reach into various sectors related to sports, including textiles, food, and related accessories.
Eurofound (2023), Prozis , Business expansion in Portugal, factsheet number 200345, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/200345.
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...
