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.
In March 2020, Trend Group, a Vicenza-based company founded in 2000, announced the redevelopment of its production plant in Vivaro (Pordenone), Italy reshoring back,especially from Asia, a significant part of its production activities previously delocalized. The plant, covering 47,000 m², is set to be the largest mosaic plant in Europe and the world's first for gold mosaic production, with a capacity of 200,000 m² by the end of 2021. The restructuring involves installing production lines for gold leaf mosaic and vitreous enamels, as well as introducing innovative robotic automation. The revitalized Vivaro factory is expected to generate a turnover of over €5 million annually, with plans to triple volumes, create over 50 direct jobs, and provide spin-offs for local industries.
Eurofound (2020), Trend group, Reshoring in Italy, factsheet number 291, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/291.
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...
