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.
Taiwanese company Delta Energy Systems plans to invest around 500 million SKK in Slovakia. New subsidiary will produce electronic power units and their parts in Dubnica nad Váhom, where the machinery industry has a long tradition. According to Delta Energy Systems CEO Daniel Heri, around 1,000 new jobs will be created in the new production plant. Delta management intends to hire around 350 employees from the nearby company ZTS Elektronika ES, which currently cooperates with Delta. However, the recruitment of the employees for the new plant can be problematic because the unemployment rate in the region is below 5%. New production plant is designed to protect the environment and reduce the expenditures on energy as much as possible.
Delta Group started the production in its Slovak subsidiary in May 2007. The Investor received a state aid from the Slovak Government in amount of 175 million SKK. The state aid will be utilized for reduction of the corporate taxes.
Eurofound (2006), Delta Energy Systems, Business expansion in Slovakia, factsheet number 64193, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/64193.
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...
