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.
Aerospacelab, a Walloon company active in the design, manufacture and operation of satellites, announced a major business expansion supported by public funding from the Walloon Government. This initiative aims to develop telecommunication payloads entirely designed and produced in Wallonia, strengthening the region’s position in the global satellite market.
Founded in 2018, Aerospacelab specialises in the design, manufacture, and operation of satellites and has already launched 10 satellites from its Louvain-la-Neuve facility. A new megafactory under construction in Charleroi will significantly increase production capacity from 2026.
The company currently employs over 350 people and plans to reach 500 employees by the end of 2026. The regional support is expected to create 14 jobs immediately, maintain 25 existing positions, and generate around 100 new jobs at the Charleroi site in the longer term. Since its inception, Aerospacelab has raised €154 million, including €37.6 million in regional research aid.
Eurofound (2025), Aerospacelab, Business expansion in Belgium, factsheet number 203827, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/203827.
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...
