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.
The International Logistics Centre of the Hungarian post company, Magyar Posta, was opened on 6 September 2011. The new unit located at the Budapest airport will create 272 new jobs. The investment is part of an overall investment of EUR 30 million which is expected to generate 10,000 jobs at the airport and its surroundings.
Magyar Posta started its restructuring in 2008. Magyar Posta expects significant costs savings with this centralised logistics centre instead of the different smaller logistics units at the airport and around in Budapest. As 140 employees were dismissed in 2010 (see fact sheet 16565), the restructuring process has resulted in a net 132 additional jobs announced since 2009.
Eurofound (2011), Magyar Posta, Internal restructuring in Hungary, factsheet number 72339, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/72339.
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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