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.
International public company Eastern Sugar considers closing of five factories across Central Europe because of the EU price cuts and the plans to reduce output by 4 million tonnes per year.
The company has begun a consultation with 800 staff members in its five factories in the Czech Republic, Slovakia and Hungary.
According to the latest information, Eastern Sugar Company in Dunajská Streda in Slovakia will be definitely closed and 180 employees will be dismissed. The closure will also affect 118 white beet producers in the country.
Eurofound (2006), Eastern Sugar, Closure in European Union, factsheet number 64234, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/64234.
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...
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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...
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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...
