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.
Hartmann-Rico, a producer of sanitary goods, has announced the closure of its plant in Most with the loss of 249 jobs by the end of 2008 due to the global financial crisis. The company has also announced that production will be moved to China. The redundant workers will be given an extra severance pay (equivalent to one or two wages) in addition to the three statutory monthly wages and offered the opportunity to work in one of the other three plants in the Czech Republic. Hartmann-Rico is part of the Germany-based Hartmann Group and employs over 9,100 people in 34 countries.
Eurofound (2008), Hartmann-Rico, Offshoring/Delocalisation in Czechia, factsheet number 67495, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67495.
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...
