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.
Oracle Romania, the subsidiary of the American company, has increased its workforce from 600 to 800 employees. The reason was the opening of the eleventh support and services centre for financial and accounting operations in Romania, located in Bucharest.
In 2005 the turnover of Oracle Romania almost doubled to EUR 19.5 million from EUR 9.8 million in 2004. The company reported three times higher profit in 2005 compared with 2004 (EUR 4 million from EUR 1.3 million).
The officials of the American company had said Bucharest was one of the main support centres in the EMEA (European, Middle East and Africa) region at the time when Oracle Romania had 600 employees.
Eurofound (2006), Oracle Romania, Business expansion in Romania, factsheet number 64410, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/64410.
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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