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.
PBS Velká Bíteš, a Czech engineering company in the aviation industry, plans to hire 250 new employees. The company is looking for development engineers, designers, technologists, process engineers, production controllers, quality technicians, electrical engineers or CNC operators.
The company's steep growth is primarily due to the current boom in the arms industry associated with the war in Ukraine. The emphasis on airspace and the possibility of aviation applications has fundamentally accelerated investments in defence and the modernisation of aviation applications. Demand for engines for unmanned vehicles has increased by hundreds of per cent.
PBS Velká Bíteš has introduced its most powerful jet engine TJ200, which is an ideal engine for military drones, cruise missiles and other unmanned systems, which will become a key product of the Czech aviation industry. The company is also opening new facilities abroad, including a plant in Roswell, Georgia (USA) and planning another in Florida, Georgia, or Texas.
Eurofound (2025), PBS Velká Bíteš, Business expansion in Czechia, factsheet number 203585, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/203585.
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...
