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.
Mobis, a South Korean multinational manufacturer of automotive components, has announced the hiring of 450 employees in its new battery plant in Noáin (Navarre). The plant, currently under construction, is expected to begin production in early 2026. The facility will play a key role in the development of Navarra as a hub for electric vehicle (EV) manufacturing in Southern Europe. The plant will assemble EV battery systems, with a production capacity of up to 360,000 units annually, primarily for Volkswagen Navarra and potentially for other manufacturers in Southern Europe.
The initiative complements ongoing transformations within Volkswagen Navarra and its suppliers, which are investing heavily to adapt to EV production and to manufacture two B-segment electric vehicles in the region.
Eurofound (2025), Mobis, Business expansion in Spain, factsheet number 203363, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/203363.
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...
