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.
KaVo Dental, the German dental products provider, has announced plans to cut up to 800 jobs in Germany, where it currently employs 2,200 people. KaVo said the cuts were necessary to keep the company viable in the future. KaVo (3,300 people worldwide) was taken over by US conglomerate Danaher in March and it seems that the new parent group is behind the measures. The planned restructuring of the company will see its four areas of operations being merged into three. 330 jobs will be cut as a direct result of this, followed by a further 275 production jobs by 2007. 60 of the company's service staff such as gardeners and carpenters are also likely to lose their jobs. Staff, the unions and staff councils are outraged by the plans and have vowed to fight for their jobs.
Eurofound (2004), KaVo Dental, Merger/Acquisition in Germany, factsheet number 60805, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60805.
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...
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