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.
Internorm International, an Austrian company specialised in windows and doors manufacture, plans to hire 160 additional employees. In 2009 the company had a slight 2% drop in sales, whereas 2010 was more successful with a turnover of EUR 305 million and a 2% increase in sales. About 54% of sales are being exported, mostly to Switzerland, Italy, France, Germany and the new EU Member States. Internorm plans to expand and export products to Scandinavia and the Benelux states. The company manufactured around 900,000 window units in its three production sites in Traun, Sarleinsbach (both Upper Austria) and Lannach (Styria) in 2009. The firm, celebrating 80th birthday this year, will invest EUR 29 million in its production sites, thus creating 60 new jobs in Traun and 100 new jobs in Lannach in the medium term.
Eurofound (2011), Internorm International, Business expansion in Austria, factsheet number 71578, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/71578.
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,...
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