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.
France Solar, a company specialised in the installation of photovoltaic panels and energy equipment, has announced that it intended to ‘concentrate its activities on the professional market’ and withdraw from the domestic market. This restructuring plan, which involves discontinuing part of the business, will entail the loss of 149 jobs.
The company founded by Ercan Kilicdemir, which currently employs 274 people, reports difficulties linked to inflation and rising interest rates, which ‘have reduced the ability of households to invest in photovoltaic installations, while competition from new low-cost entrants has intensified’, and complains about the law of 24 July 2020, which strictly regulates telephone canvassing, which has ‘increased its customer acquisition costs’.
Eurofound (2024), France Solar , Internal restructuring in France, factsheet number 201427, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/201427.
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...
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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...
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