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.
Ergon Group has initiated collective dismissal procedures affecting approximately 150 workers across 21 acquired former Gicap supermarkets as the rental branch agreement expires December 31. Workers and unions organised strikes and protests at Messina Prefecture demanding intervention to prevent year-end job losses.
In 2021, Messina Tribunal granted Ergon rental management of 39 Gicap network stores from preventive composition proceedings. Ergon purchased 21 outlets while two transferred to other companies, leaving 16 excluded stores in temporary management operating only through year-end with concrete closure risk. Several Ard Discount and Maxi Sconto branded locations have already closed, with others following as merchandise orders cease and shelves progressively empty.
Filcams CGIL, Fisascat CISL, and Uiltucs (trade unions) highlighted profound concern "over black clouds gathering over the former Gicap network".
Eurofound (2025), Ergon, Internal restructuring in Italy, factsheet number 203808, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/203808.
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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