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.
AJU Poland, the local representative of Korean steel processing company AJU Steel, will soon open a new factory in Byty , where it will employ 250 people, with 100 planned to be hired by the end of 2024. Construction of the coated steel products factory started in June 2023.The investment is being made as part of the Polish Investment Zone Wielkopolska, in the Kostrzyn-S ubice Special Economic Zone. It will be the company's fourth production plant worldwide. The aim of its establishment is to shorten supply chains. The first employees hired have already been sent to South Korea for training. AJU Steel is a South Korean company founded in 1995 and is involved in the production of steel products. It has production facilities in South Korea, China and Mexico.
Eurofound (2024), AJU Poland, Business expansion in Poland, factsheet number 200683, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/200683.
While large-scale redundancies at major manufacturers dominate the headlines, the true impact of this restructuring is being felt most acutely within the wider supply chain. This article examines the uneven distribution of job losses, the growing geographical shifts in production,...
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,...
