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 Cité Marine Group, specialising in food production, aims to create 200 new jobs by 2027 in Plumelin, Brittany.
Currently, the factory employs 135 workers and has increased the number of permanent contracts from 80 to 108. 45 new hires are planned by 2026. The Cité Marine Group has invested €30 million (€ 21 million self-financed by Cité Marine) in its Keranna Productions factory, acquired in 2022,
A new production line is also set to be established in 2025, enhancing the factory’s operational capacity and expanding its product offerings to meet the growing market demand and trends. The factory will go from 3 to 6 production lines by 2027. Plumelin will become the group's most automated site.
Eurofound (2024), Keranna Production, Business expansion in France, factsheet number 201709, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/201709.
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...
