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.
Dutch electronics company Royal Philips Electronics' unit Philips Lighting Vitrite in Middelburg, southern Netherlands, part of Philips Lighting division, and trade unions have reached an agreement on a restructuring. Under the restructuring 100 of the some 220 full-time jobs will be cut. Under a social plan, the redundant employees will have two years to find another job, by keeping their current salaries. The announced restructuring led to a conflict because it became clear that the management took a decision in 2003 to move the production of lighting articles to Poland and China. Trade unions have always had suspicions about this but they were denied by the management.
Eurofound (2005), Philips Lighting Vitrite, Internal restructuring in Netherlands, factsheet number 62748, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62748.
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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