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.
The considerable debts of the Porcelain Factory Książ in Wałbrzych (it owes money to some 200 different creditors) has led it to pursue a restructuring programme whose objectives include the reduction of production costs. Collective redundancies have been announced; they will affect 270 people, one fourth of the entire workforce. Should the restructuring programme fail, the entire factory will be faced with the prospect of bankruptcy; if this worst case scenario comes to pass, 1,080 people will be left without jobs.
Eurofound (2004), Porcelain Factory Książ, Internal restructuring in Poland, factsheet number 60447, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60447.
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...
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