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.
Suir Engineering, which is based in Waterford, will create 200 jobs in Ireland in 2024 as it enters a new phase of growth.
The company is now creating 200 new jobs to bring its total headcount from 1,500 to 1,700 by the end of 2024. Recruitment has already begun, with vacancies for electricians, engineers, and instrument technicians, among others.
In 2023, the company had a 41% turnover growth rate, based on turnover of €429m last year. Suir provides mechanical, electrical, instrumentation and high-voltage engineering services.
Eurofound (2024), Suir Engineering, Business expansion in Ireland, factsheet number 201127, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/201127.
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...
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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...
