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.
Ivax Pharmaceuticals (formely known as Galena), a subsidiary of the multinational pharmaceutical company Teva Pharmaceutical Industries, announced on 11 March 2008 that is to create approximately 400 new jobs in Opava with the expansion of its exisiting site. The firm currently employs over 1,100 people at its Opava plant, and the expansion will involve the construction of a new production facility at its site and an investment of USD 100 billion. The new facility will produce tablets and gelatine capsules. As of March 2008, there is no information on when employment at the new site will commence and when the new jobs will be created by. This is an update of media news released on 18 October 2007.
Eurofound (2007), Ivax Pharmaceuticals, Business expansion in Czechia, factsheet number 65915, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/65915.
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...
