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.
QTS provides wire mesh-based material for the logistics industry. QTS will backshore its production from China to the UK through a 50,000 sq. ft. site in Nottinghamshire (East Midlands) in August 2015. The company suggests that 11 jobs could be created, and that this number could increase to 26 during the next year as a result of the reshoring. Managing director Shaun Ingram said: "The rise of online shopping and the need to provide flexibility for warehouses and distribution centres had driven significant demand for our products," "Traditionally, we'd imported around 95 per cent of our product in complete form from China, yet had noticed a desire from our customers to decrease the turnaround time for installations of solutions. "The decision was taken to create our own manufacturing plant in the East Midlands, starting first with assembly and then followed by full scale production for our solutions." QTS was supported by Business Growth Service’s Manufacturing Advisory Service (MAS) and ReshoreUK. Ingram also revealed the company is in talks with the Regional Growth Fund (RGF) to help fund the move.
Eurofound (2015), QTS, Reshoring in United Kingdom, factsheet number 221, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/221.
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...
