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 Austrian Wiener Städtische insurance company and the British McArthurGlen corporation, Europe's leading designer outlet operator, plan to jointly build up Austria's second factory outlet centre at the airport centre Wals-Himmelreich close to the city of Salzburg by the end of 2007. Both companies involved announced to invest €100 million in total into the project. The plan is to set up more than 100 brand-name shops within this outlet centre, where only phase-out models, surplus products or defective goods may be offered at a rate of 30 to 70% below the regular prices. About 1,000 jobs are planned to be created. However, many small- and medium-sized garment retailers situated in the city of Salzburg are afraid that many customers will be enticed away from the inner city area by the future outlet centre.
Eurofound (2005), Wiener Städtische and McArthurGlen, Business expansion in Austria, factsheet number 62528, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62528.
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...
