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.
Arjo Wiggins produces paper pulp on its two sites based in Belgium. The company employs 684 workers including 80 long-term additional temporary workers. Because of international competition and the decline in demand for its products, Arjo Wiggins has decided to set up a new production site in the Czech Republic and to reorganise the two Belgian sites of Nivelles and of Virginal. This reorganisation led to significant restructuring and in mid-September, the group’s management announced the closure of the production site of Nivelles and the loss of 147 jobs and the breaking of 80 temporary employment contracts. Some of its activities will be relocated to the site of Virginal. Some of of staff will then be relocated to Virginal. At the end of January, the social partners with the help of the social Ombudsman have finally reached an agreement on the setting up of a social plan. This agreement represents a step forward with regard to the rights of temporary workers and the status of manual workers.
Eurofound (2006), Arjo Wiggins, Relocation in Belgium, factsheet number 64973, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/64973.
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...
