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 automotive parts manufacturer Bakony Művek built a new plant in Hajdunanas (eastern Hungary) in a greenfield investment. In the longer term, the latter is planned to become the centre of white goods parts manufacturing, while the Veszprem factory will focus on car parts. 215 employees started working in the new factory building in May 2005. This number is to rise to 350 after the second phase. The factory manufactures parts for refrigerators for Electrolux. In the first year, parts for 300,000 refrigerators are to be made, with the number rising to 1 million by 2007.
Eurofound (2005), Bakony Művek, Business expansion in Hungary, factsheet number 61511, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61511.
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...
