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.
Around 300 new jobs will be created, as part of the FAIST – Agile, Intelligent, Sustainable and Technological Factory project, designed to accelerate the digital transformation of Portugal’s footwear industry. The initiative represents a total investment of around €50 million, funded through Portugal’s Recovery and Resilience Plan (PRR), and involves a consortium of 45 entities, including robotics companies and technology centres, focused on increasing the sector’s added value. The project, which has already reached 80% completion, is expected to be fully concluded by June 2026.
The project is built around four key pillars: automation and robotics, digitalisation, sustainability, and collaboration. The project coordinator explains that automation and robotics aim to make production lines faster, while digitalisation focuses on a data-driven production model supported by integrated systems. Sustainability involves the use of environmentally friendly products and materials.
Eurofound (2025), FAIST, Business expansion in Portugal, factsheet number 204077, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/204077.