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.
Vanpro, a manufacturer of seats for the automotive sector, will close at the beginning of next year and is already preparing the collective dismissal of its workforce.
The reason given for the closure is the loss of its contract with Autoeuropa — the company’s sole client for nearly 30 years. Autoeuropa has selected a different supplier for the new model to be produced at its Palmela factory.
According to the coordinator of Vanpro’s workers’ committee, 125 of the 475 employees facing redundancy will be relocated to another company within the Palmela industrial park. The workers’ committee is actively working to find solutions for the remaining 350 employees who are at risk of unemployment. "The situation is particularly concerning for couples in which both partners worked at Vanpro".
The dismissed workers will receive 1.2 months' salary for each year of service — above the legal requirement — as well as an attendance bonus.
Eurofound (2025), Vanpro, Closure in Portugal, factsheet number 203021, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/203021.
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...
