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.
Budget airline Ryanair is adding 10 new routes from Nottingham East Midlands Airport (NEMA), creating 150 jobs. From February passengers will be able to fly to three new destinations in Spain, two in Italy, Poland, Slovakia, Sardinia, Scotland and Ireland. The new destinations are Alghero (Sardinia), Bratislava, Knock, Milan, Valencia, Granada, Inverness, Krakow, Pisa and Santiago. NEMA managing director Penny Coates said she was delighted with Ryanair's announcement. 'The 27 routes they now offer have played an important part in assisting Nottingham East Midlands Airport in fulfilling its role as wealth generator for the region.' Richard Dickinson, chief executive of East Midlands Tourism, said the new routes were great news. 'Greater accessibility into the region is key if we are to continue to grow our share of the inbound market and attract more overseas visitors to our destinations, many of whom are looking for new places to visit in the UK,' he said.
Eurofound (2006), Ryanair, Business expansion in United Kingdom, factsheet number 64208, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/64208.
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...
