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 French startup Venture Orbital Systems, specialising in the design and development of launchers for the global nano satellite market, has announced that it will move into a 25,000 m2 factory in Reims in early 2026. This new site will be dedicated to the manufacturing, assembly and internal integration of its engines, tanks and structures. It aims to create 160 jobs by 2030, including 61 management positions. In addition to this, it seeks to produce 50 Zephyr launchers per year.
The company raised €27 million in funding in early 2024 and won €15 million in France 2030 calls for projects. It has been selected as part of the "Premiere Usine" initiative led by BPI France. It regularly attends events (fairs and exhibitions) and works with stakeholders (universities and the Grand Est region) to attract new talent. In April 2025, Latitude moved to the next stage towards the launch of the Zephyr and is currently continuing its research and development work. At the end of 2024, it announced the signing of a launch agreement for life sciences missions with Atmos Space Cargo. It hopes to expand beyond its borders by marketing its launchers in Asia, the Middle East, the United States and so on.
Eurofound (2025), Société Latitude, Relocation in France, factsheet number 202715, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/202715.
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...
