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.
On 2 September 2011, the Commercial Court of Perigueux agreed on the take over of Isoa by the investment fund Azimuth. Following this decision, 108 employees out of 303 currently employed will lose their jobs. Azimuth paid almost 400.000 euros to purchase the four companies of the Isoa group (Isoa, Isoa communication, Valanga and Sofidile), which specialized in insulation. The Isoa group's turnover decreased from 30 million euros in 2008 to 20 million euros in 2010, incurring a total loss of 15 million euros. According to the media news, Isoa has failed to manage the crisis within the construction and building sector and the ending of a governmental scheme to help finance improvements in renewable energies. Most of the redundancies will affect the company's administrative staff rather than its commercial staff.
Eurofound (2011), Isoa, Bankruptcy in France, factsheet number 72329, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/72329.
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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