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.
Cameron, an American group that provides equipment and services to the oil and gas industry, is to create 330 new jobs in Ploiesti with the opening of a new plant. The firm will invest 63 million USD (approximately 46 million EUR) in the site, and are aiming to consolidate their position in Romania after they bought the majority stake in Sterom Campina, a producer of equipment for the oil industry, in 2004. The new plant will produce surface equipment for the European, Russian and African markets, and the construction of the plant is due to be completed by the middle of 2008. John Cane, Chairman of the Cameron drilling and production systems section, stated that the new Romanian site was a key part of Cameron’s expansion strategy and that demand for the equipment to be produced by the Ploiesti site was rising.
Eurofound (2007), Cameron Romania, Business expansion in Romania, factsheet number 65695, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/65695.
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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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...
