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.
ASIRobicon Spa, a global company operating in the industrial systems and power conversion market, has recently been acquired by the US investment fund Patriarch Partners from the US-based multinational company HVE-Robicon. The new owners have presented a business plan which includes new investments of €10 million in the next two years, the closure of one of the five plants in Italy and 200 redundancies. The company presently employs 1,400 people: 1,050 people work in the five plants in Italy while the remainder is employed by the foreign subsidiaries, which are located in France, Germany and Romania. The plant whose closure has been announced is the one located in Trieste. The other Italian plants are in Genova, Milan, Monfalcone and Vicenza. The unions have criticised the decision to close the Trieste plant and reduce employment levels, while at the same time have appreciated the company's commitment to new investment.
Eurofound (2005), ASIRobicon Spa, Merger/Acquisition in Italy, factsheet number 62734, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62734.
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...
