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.
The Bulgarian Government and the Spanish FCC Construccion (Fomento de Construcciones y Contratas) have signed a contract for building Danube Bridge 2, which will connect Bulgaria and Romania. The contract is for 99.5 million Euro and the bridge has to be completed by May 2010. The process is financed from Programme ISPA (Instrument for Structural Policies for Pre-Accession) - 70 million Euro; another 70 million Euro loan from the European Investment Bank; 20 million Euro from KFW - Germany and the state budget, which is expected to give up to 60 million Euro. The consortium INGEROP (France) – High Point Rendel (UK) France, will accomplish the engineering supervision of the bridge. More than 700 new jobs will be created during the construction said the Minister of transport Petar Mutafchiev. It will have a very positive effect on the area, as the unemployment rate in Vidin is one of the highest in Bulgaria. Mr Mutafchiev expects the effect for the regional economy from renting technical devices, transport and services to exceed 60 million Euro. The Danube Bridge 2, which has been postponed for years, will have two traffic lanes in both directions, railway road, bicycle lane and pavement for pedestrians. This bridge is an important element to open Bulgaria to the European transport system, said the transport minister.
Eurofound (2007), FCC CONSTRUCCION, Business expansion in Bulgaria, factsheet number 64892, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/64892.
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...
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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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...
