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.
Wavin’s restructuring in Hammel will result in the loss of approximately 110 jobs, affecting one-third of the workforce, due to the closing of plastic production. The production will be relocated to other European locations over the next few years.
Despite the job cuts, Hammel will remain a European competence centre for Wavin’s plumbing products, and logistics will be strengthened to centralise supply for Denmark and the Nordic markets. This move is part of Orbia B&I’s ongoing efforts to optimize production capacity and ensure competitive operations.
Eurofound (2024), Nordisk Wavin, Offshoring/Delocalisation in Denmark, factsheet number 201727, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/201727.
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...
