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.
Flanco, a Romanian electronics retailer, announced its intention to open 10 new stores by the end of 2025. The company will invest 20 million lei (approximately €4 million) and will hire 300 new employees.
For 2025, Flanco has planned to re-brand 12-15 stores, and its Flanco Smart Discounter network will reach 22 stores, located in 17 cities across the country.
Flanco was established in 1994 and is the first electro-IT Smart Discounter in Romania. The company has 1,451 employees, a network of 160 stores located in the most important commercial areas in 113 cities in Romania, as well as an online store.
Eurofound (2025), Flanco, Business expansion in Romania, factsheet number 202865, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/202865.
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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