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.
Opel, a car manufacturer owned by General Motors, will spend EUR 500 million in order to expand its engine plant in Szentgotthárd, Hungary. The company also announced its plans to hire 100 new employees during 2011 and an additional 700 by 2015. The company will recruit engineers and assembly line workers. The expansion will be in operation by November 2012 and will reach full capacity in 2015. The expansion will raise the plant's output to 500,000 engines per year from the current level of 460,000. The investment will create 2,500-3,000 jobs for Opel suppliers as well in the region.
Eurofound (2011), Opel, Business expansion in Hungary, factsheet number 71751, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/71751.
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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