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 Hager Group, a German manufacturer of electrical installation equipment, announced 150 redundancies at its Saverne site in France. The site, which produces home-automation products such as wall-mounted devices, programmable timers and control systems, employs around 300 workers. It will close as part of the group’s plan to reorganise its building automation activities. The other 150 employees are expected to be redeployed to Hager’s sites in Bischwiller and Obernai by the end of 2023. Also, production, logistics and supply chain activities will be gradually reduced in Saverne by the end of 2023.
Eurofound (2021), Hager, Relocation in France, factsheet number 203560, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/203560.
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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