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.
Manufacturing (29 - 30) Manufacture for transport equipment 29.3 - Manufacture of motor vehicle parts and accessories 29.31 - Manufacture of electrical and electronic equipment for motor vehicles
New offshoring locations
Bosnia and Herzegovina
170 jobs Number of planned job losses
Announcement Date
20 March 2024
Employment effect (start)
1 April 2024
Foreseen end date
31 December 2024
Description
Mahle Electric Drives Slovenija (MEDS), the German manufacturer of electric drive systems and mechatronics for hybrid and electric vehicles, is relocating the production of starter motors to Bosnia and Herzegovina, which will lead to 170 redundancies by 2024. In order to optimise production, the company is relocating production from Šempeter to a new factory in Aleksandrovac. The company stated that after the initial job adjustments, another 170 production-related jobs will be cut in 2024.
According to its representative, the trade union is looking for solutions to minimise the impact of the redundancies. It has reduced the originally planned reduction of 250 jobs to 170 and is now negotiating with the company management about the possibility of early retirement for 58 employees. At the same time, the union hopes that the number of redundancies can be further reduced by creating new jobs.
Mahle Electric Drives currently employs 1,800 people.
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...