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.
In March 2009, call center operator Binax C C created 120 new jobs at its site in Zalaegerszeg (Zala county). The company, which initiated operations there in 2006, previously employed 110 employees. With the newly renovated building the Zalaegerszeg plant's headcount has raised to 230. In the new expanded site some other important investments were also made, like the installation of a small electric plant, using diesel, which serves in case of power cuts.
The company also operates in Budapest, Pécs (Baranya county) and Nagykanizsa (Zala county). Prior to the expansion, the company employed 450 workers nationwide.
Eurofound (2009), Binax C C, Business expansion in Hungary, factsheet number 70107, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/70107.
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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