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.
Navantia has announced the creation of 100 new jobs at its Ferrol. At the moment, the hiring of 66 people is underway. The company will begin discussions next week with union representatives to define the professional profiles required for this recruitment drive.
These reinforcements come as Navantia continues construction of the first three of five F-110 frigates for the Spanish Navy and prepares to start work in early 2026 on the new Fleet Replenishment Ship (BAC), which will replace the Patiño. The expansion also aligns with the upcoming launch of the digital block factory and the Centre of Excellence for the Digital Twin, both expected to be operational in the first quarter of 2026.
This initiative is part of Navantia’s broader plan to hire 1,500 new employees across its facilities, complemented by additional vacancies arising from partial retirements. The Ferrol shipyard’s strengthened workforce will help sustain local industry, address future production and digitalisation challenges, and secure long-term employment in the region.
Navantia experienced a previous business expansion in 2021Navantia 2021-ES, creating approximately 173 new jobs.
Eurofound (2025), Navantia, Business expansion in Spain, factsheet number 203573, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/203573.
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...
