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.
About 150 new high-skill jobs will be created at Novomatic Austria headquarters in Gumpoldskirchen, Lower Austria. On 5 March 2008 Franz Wohlfahrt, the company Chief Executive Officer, announced the construction of a new R&D plant as well as new administration premises. The work is expected to be completed by October 2009.
The Gumpoldskirchen workforce will increase from the current 650 to 800. The company’s total workforce throughout the country currently stands at approximately 2,000. Novomatic Austria is a subsidiary of the international Novomatic Group, one of the world’s leading providers of high-tech gaming equipment.
Eurofound (2008), Infineon Austria, Business expansion in Austria, factsheet number 66435, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/66435.
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...
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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