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.
Textile manufacturer Manhentex closed its site in Barcelos and 100 workers will lose their jobs. According to the textile trade union of Minho and Trás-os-Montes, the liability of the company amounts to 6 million euro, of which 3.5 are debts to Social Security.
The Manhentex has been operating in Manhente (Barcelos) since 1973. The workers are 50 to 61 years old, with limited prospect of finding a new job. Most of them worked over 25 years in the company.
Eurofound (2011), Manhentex, Bankruptcy in Portugal, factsheet number 72206, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/72206.
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...
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