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.
MediaMarkt-Saturn, Austria's leading electronics retailer group will hire 800 new staff members in a business expansion over the next two to three years.
The MediaMarkt-Saturn group operates stores under both the MediaMarkt and Saturn brands and already occupies the role of market leader in stationary electronics retail in Austria. It will invest a further € 40 million into opening up 15 new stores within the next two to three years, thereby hiring 800 new staff members. Additionally, the company aims at becoming the country's leader in online electronics retailing. MediaMarkt launched its online store on May 5 and plans to expand it.
Currently, the MediaMarkt-Saturn group operates 23 MediaMarkt and 12 Saturn stores in Austria and employs 2600 people.
Eurofound (2010), Media Markt, Business expansion in Austria, factsheet number 70508, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/70508.
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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