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.
Nexity, the French property developer, has announced that it plans to cut 500 jobs from its workforce of 6,653. The French property group plans to cut 500 jobs before January 2009. The group has announced the closure of 8 sites in France. This measures could adapt to the new situation affecting the real estate markets, said the CEO. Nexity's major shareholder, French mutual bank Groupe Caisse d'Epargne, has no plans to sell Nexity
Nexity SA is a residential and commercial real estate developer based in Paris, France. As of 31 December 2007, 72% of the Company's revenue was derived from its residential sector, 13% from commercial and 15% from services and franchises. As a developer of residential real estate, the Company provides solutions in every realm of housing, from subdivision plots, individual houses and apartment buildings, to the full development of neighborhoods complete with homes available for rent or purchase, commercial spaces and public facilities. The Company has various subsidiaries engaged in commercial real estate development. Nexity Enterprises specializes in high-rise buildings, new office buildings and structural renovations throughout the Ile-de-France region, Lille, Bordeaux and Aix/Marseille. Geprim, subcontractor of Nexity, specializes in warehouses, distribution centers and mixed-use units. Nexity Services provides services during every stage of a project design, purchase, daily management, renovation and sale.
Eurofound (2008), Nexity, Internal restructuring in France, factsheet number 67228, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67228.
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...
