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.
Asda have unveiled plans to build a 45,000 sq ft supermarket and create 400 jobs in Inverness. It has identified a site at Slackbuie on the city's Southern Distributor Road for a store and petrol station. There are is no indication on dates yet since a finalised proposal is being put together before the plans are presented to Highland Council for consideration. Asda have signed a conditional contract with Elphinstone Land Ltd, a joint venture with the Bank of Scotland, to buy the site. The supermarket chain has been pushing for several years to open a shop in the Highland capital. Rivals Tesco have three stores in Inverness. Highland councillor Norrie Donald, who represents Culduthel, said he could not talk specifically about Asda's plans, but said there was support within the local community for a new supermarket.
Eurofound (2006), Asda, Business expansion in United Kingdom, factsheet number 63508, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/63508.
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...
