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.
Mining / Quarrying 07 - Mining of metal ores 07 - Mining of metal ores 07 - Mining of metal ores
300 jobs Number of planned job creations
Announcement Date
15 June 2007
Employment effect (start)
Foreseen end date
Description
Inmet, a Canadian mining corporation, announced on 15 June 2007 that it is investing over 460 million Euro in Seville’s copper mine 'Cobre las Cruces'. The decision comes after twelve years of negotiations with the Andalusia regional government. The extraction and refinement plants is expected to employ as many as 300 workers. According to previous studies, there is enough raw material to work during 15 years.
Sources
15 June 2007: Cinco Días
Citation
Eurofound (2007), Inmet, Business expansion in Spain, factsheet number 65526, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/65526.
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...