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.
Plewa, a manufacturer of chimneys, announced on 10 March 2008 that it had filed for insolvency. 145 jobs at Plewa’s headquarter in Speicher (Rhineland-Palatinate) as well at its Bavarian production site in Klardorf are to lose their jobs. Plewa employs a total of approximately 250 employees. The insolvency administrator stated that due to the abolition of the public home owner allowance the sales volume of Plewa dwindled drastically. The home owner allowance was a public subsidy scheme granted to people who wanted to buy apartments or houses in Germany. The subsidy scheme expired on 1 January 2006. In the aftermath, many house building companies announced a drop in sales.
Eurofound (2008), Plewa, Closure in Germany, factsheet number 66394, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/66394.
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...
