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.
Rieter, a world leading supplier to the textile and automotive industries, is to cut 130 jobs at its plant located at Santhià, in the province of Vercelli (out of 230 employees). The job-cuts process should be completed by the first half of 2010. The trade unions reacted to the company's decision by going out on strike. They are worried about the future of production's activities in the Santhià plant. Rieter comprises two divisions: Rieter Textile Systems, which produces machinery and systems for manufacturing yarns and nonwovens; Rieter Automotive Systems, which manufactures components, modules and total systems for acoustic comfort and thermal management in motor vehicles. The company has around 12,500 employees in 21 countries.
Eurofound (2009), Rieter, Internal restructuring in Italy, factsheet number 69763, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/69763.
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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