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 human resources manager of Dacia company – leader of the car manufacturing industry in Romania – announced the company’s intention to recruit 3,000 employees, between 2005-2008. Targeted positions include workers, specialists and middle managers. Of the total number, at least a third will be fresh graduates from Romanian higher education.
According to company estimates, 15,000 candidates will be evaluated during the recruitment campaigns.
To recruit quality employees, Dacia has initiated an image promotion campaign presenting itself as a modern, socially-involved and future-oriented company. ‘We have to make the public aware of the less-known technical trades specific to Dacia as well as career development opportunities, benefits, working conditions, advantages of working with the company and promote these aspects in the academic environment’.
Dacia plant began manufacturing in 1968, following the conclusion of a licence-agreement between the Renault group and the Romanian state. In July 1999, the company was privatised and the Dacia car became a trademark of Renault. Currently the company has 11,500 employees and in 2004 it sold around 99,000 cars, of which 19,000 were exports. The target for 2010 is to manufacture 700,000 Dacia trademark cars, of which 200,000 in Romania, and the rest in other production centres abroad.
Eurofound (2005), Dacia, Business expansion in Romania, factsheet number 61841, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61841.
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...
