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 27 September, the Commercial court of Aubenas announced the take-over of the envelope manufacturer GPV by the German company Mayer-Kuvert (2100 employees, turn-over of around 320 millions euro), with the loss of 225 jobs. Of the 225 job cuts, 185 positions will be in production and 40 of administrative staff. Only the headquarters will be spared in Davézieux (Ardèche). Management announced it will maintain its workforce (25 employees) until the end of 2013. Some former employees of GPV may take up the possibility to create a cooperative before the end of December to preserve some positions, but no more than 30. GPV, number four in its market in 2010, has been in receivership since May 2011. The company has 358 employees in France and 568 throughout the EU with other facilities in the UK, in Bulgaria and Romania.
Eurofound (2011), GPV, Merger/Acquisition in France, factsheet number 72409, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/72409.
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...
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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