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.
Saft, a French company under the control of Total, recently inaugurated a new 1,900 m² building in Poitiers, France, for the repatriation of electrolyte production for lithium batteries from its German and Israeli sites. The Poitiers site, operational since 1964, currently produces 500 tonnes of electrolytes annually, a critical component for battery lifespan. With the new facility, that begin operations in 2021, Saft doubles its capacity to 1,000 tonnes per year, eventually reaching 2,000 tonnes. The €9 million investment supports will create around 60 new jobs in Poitiers by 2022 including 30 to 40 in production and 20 to 30 managers and technicians. Additionally, the relocation positions Saft to serve other Saft production sites globally. The broader investment in the Poitiers site, totaling €20 million over 2018-2021, reflects Saft's focus on diverse battery ranges for electronics, space, defense, connected objects, and emerging markets like IoT. The new building enhances Saft's electrolyte production capacity and reinforces Saft's position in the battery industry.
Eurofound (2019), Saft, Reshoring in France, factsheet number 289, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/289.
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...
