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.
Nemetschek AG is one of the leading vendors of information technology and consulting services for building design, construction and management. In June 2002 the managing board decided to react to the ongoing difficult situation in the building industry and IT sector with a second round of the restructuring program initiated in 2001.
After the first round has already lead to savings in personnel cost and cost of materials by 10.6 % and 35.7 % respectively, the second round includes another cut of more than 100 jobs, as well as cost reductions in all areas.
Eurofound (2002), Nemetschek, Internal restructuring in World, factsheet number 59276, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59276.
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...
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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...
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