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.
Carlsberg, the Danish brewer, unveiled a turnaround strategy for Brasseries Kronenbourg, the loss-making French beer company that it acquired earlier this year from Scottish & Newcastle. It will involve cutting 214 of 1,390 jobs. Carlsberg is looking to cut 15% of its workforce at its French subsidiary Brasseries Kronenbourg.
The brewer, which took control of Kronenbourg when it teamed up with Heineken to buy Scottish & Newcastle earlier this year, confirmed that a “complete reorganisation” of the unit will lead to 214 job losses by the end of 2010. Kronenbourg currently employs 1,390 in France: Obernai, Strasbourg and Paris. The unit said it intended to carry out the restructuring in a socially responsible manner.
Eurofound (2008), Kronenbourg, Merger/Acquisition in France, factsheet number 67331, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67331.
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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