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 american manufacturer of heat transfer products, Modine Manufacturing Company, is to build a new 8000 sq metre plant in Füzesabony, North Hungary. The production of aluminium heat transfer products for trucks is expected to start in the second quarter of 2008. The Greenfield Investment is in the value of 12 million USD. There are plans to build the capacity of the facility as a result of which the unit may employ as many as 150 employees by the first years of the next decade. The new plant will belong to Modine Hungária Gépjárműtechnikai Kft., the hungarian subsidiary of the american company, but it will establish itself as an independent profit-centre. In the company's other hungarian unit in Mezőkövesd, also in North Hungary, employing 334, cooling modules are produced for MAN, Iveco, Volvo, ZF-nek, Voith, and DaimlerChrysler.
Eurofound (2007), Modine Hungária Gépjárműtechnikai Kft., Business expansion in Hungary, factsheet number 65533, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/65533.
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...
