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.
An Aberdeen sub sea engineering firm is recruiting more than 100 staff in Aberdeen, it has been announced. Acergy UK Ltd wants to create the engineering and administration positions over the next two years. The company, which currently employs around 500 at its base in Bucksburn, is moving and expanding into Westhill Business Park.
Building work at the 17-acre site is planned to begin in October, with entry in late 2007. The specially designed campus will have a capacity for 650 people, with a further option to extend the premises to house 800 personnel.
Representatives of the company believe that the establishment of the new campus in Aberdeen sends a clear message of Acergy's strategic intent to invest in the future of Scotland's economy and its skilled workforce.
Eurofound (2006), Acergy UK Ltd, Business expansion in United Kingdom, factsheet number 63545, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/63545.
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...
