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 Commercial Court of Pointe-à-Pitre has validated the partial takeover of the Caire airline group by Cipim (holding company of the Edéis group) in association with the local authority of Saint-Martin. The court has authorised 176 redundancies on economic grounds, including 78 at the Guyana subsidiary, out of the 300 employees of the Caire group. Cipim will only take over the routes operated by Air Antilles, one of the CAIRE group's airlines. This took place as a competitor, Cafom group, has finally withdrew another takeover offer, where it was proposing a global takeover with 194 of the 296 employees. The new company intends to refocus on services to the four French islands of Saint-Martin, Saint-Barthélémy, Guadeloupe and Martinique.
Eurofound (2023), Compagnie Aérienne InterRégionale Express - CAIRE, Merger/Acquisition in France, factsheet number 200433, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/200433.
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...
