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 Belgian-Turkish recycling company Synpet is investing €300 million in a new recycling facility in the Port of Antwerp. The initiative is expected to create over 100 direct and indirect jobs.
The plant will convert mixed and currently non-recyclable plastic waste into a circular substitute for naphtha, which can be used by petrochemical companies in the region to produce new plastics. The technology, developed over more than a decade, is said to outperform existing methods such as pyrolysis and gasification, and can even process PVC.
CEO Cem Özsüer emphasises the environmental impact, stating that the technology offers a solution to plastic pollution by transforming waste into valuable raw materials. The project also benefits from EU regulations restricting the export of waste outside the Union, allowing Synpet to source plastic waste from across Europe.
Eurofound (2025), Synpet, Business expansion in Belgium, factsheet number 203583, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/203583.
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...
