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.
Atria, a Finnish grocery firm, has announced that it is to cut 100 jobs in Sweden at its subsidiary Sardus. Sardus produces sandwiches and salads, and was acquired by Atria in April 2007. Atria produces a similar range of products to Sardus, and management at the firm have made the decision that the rationalization of sandwich and salad production in Sweden to an unit in Norrköping would lead to financial savings. The job losses will affect the Sardus units in Norrköping, Halmstad and Stockholm. Sardus currently employs 270 in Sweden. The job losses will be implemented by the end of February 2008.
Eurofound (2007), Sardus, Merger/Acquisition in Sweden, factsheet number 65950, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/65950.
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...
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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...
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