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 candy manufacturer Sfinx, which belongs to the Swiss multinational Nestlé, is expanding production at its plant in Holešov, creating 100 new jobs.
Due to the expansion of production, the plant will hire almost 100 employees by the end of 2024, starting in 2023. The production of the plant will almost double, from the current 16,000 tons per year to approximately 29,500 tons.
From 2024, Sfinx will become the only Nestlé factory producing candy in Europe. The largest part of exports in products produced in Holešov goes to Great Britain, the United Arab Emirates, Australia and Taiwan.
Eurofound (2023), Sfinx, Business expansion in Czechia, factsheet number 200416, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/200416.
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...
