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 Banco Internacional do Funchal, one of Portugal's main banking operators, set up a new bank in Malta called Banif Bank Malta. The bank intends to open another 22 branches in Malta and to capture around 10% of the local market share in the coming four to five years. This should create around 350 jobs. When it opened its first branch in St Julians on 21 January 2008, it was employing about 40 persons. The bank did not state where in the country it plans to open its other branches. It said that in order to reach its goals, “it will offer fully fledged financial services through a differentiation strategy based upon high quality of service, with an innovative product portfolio and advanced banking technology oriented towards efficiency gains”.
Eurofound (2007), Banif Bank Malta, Business expansion in Malta, factsheet number 66262, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/66262.
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...
