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.
Japanese company TDK, a major producer of magnetic products, set up the plant in Rétság (Nógrád county) ten years ago, and employed up to 1100 people. However, production volume and employment have been shrinking for years, and now one of four divisions, the production of ferrite cores for transformers, will be closed due to competitive pressure on the European market. Rumours that the plant will be relocated to Ukraine where not confirmed by the company. When coming to Hungary, TDK received state subsidies and was granted a ten year tax break.
Eurofound (2006), TDK Elektronika Magyarország, Closure in Hungary, factsheet number 63119, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/63119.
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...
