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.
Basque aeronautical firm Industria de Turbo Propulsores (ITP) is to build a new factory in Zamudio (Biscay), with the aim of doubling production of low pressure aeroplane engines; the move will create 100 new jobs. Sources close to the company say that the bulk of the investment will go into buildings, machinery and tools. The new factory, which will enable the creation of a net 100 jobs, will make use of all of ITP's buildable land in Zamudio. This new injection of production resources will strengthen the plant's position as ITP Group's lead site. Representatives of the aeronautical company said that the investment was "very significant" although they declined to put a figure on it.
Eurofound (2010), Industria de Turbo Propulsores, Business expansion in Spain, factsheet number 70583, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/70583.
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...
