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.
Verrerie du Languedoc has announced that the company will be sold. Of the 475 employees at the Verrerie du Languedoc glassworks in the south of France, 300 have now learned they are to lose their jobs between August 2006 and July 2007 as the Nestle subsidiary is taken over by Financiere de la Croix Blanche. The CEO of the new owner (Financiere de la Croix Blanche), also intends to cut down employment by a further 18% and shut down one of the two furnaces after company has merged. The Trade Unions hope to avoid this final measure and it is thought that the state is willing to step in to save some jobs. The glassworks, currently wholly owned by the Swiss confectionary giant, manufactures bottles for Perrier and San Pellegrino mineral water.
Eurofound (2006), Verrerie du Languedoc, Merger/Acquisition in France, factsheet number 63750, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/63750.
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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