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.
Lufthansa Technik Sofia is expanding its aircraft maintenance capacity with a new 2-bays construction in Sofia involving the creation of 350 new jobs. Additionally, a separate Light Weight Hangar will be constructed and used for line maintenance operations and lighter checks. In the presence of the Bulgarian Prime Minister, Boyko Borisov, representatives of Lufthansa Technik AG and Bulgarian Aviation Group, the two joint venture partners of Lufthansa Technik Sofia, confirmed the roughly 15 million Euro investment on 13th of September. The official signing ceremony took place at the Lufthansa Technik Sofia facility at the international airport of Bulgaria's capital. With the new capacity the number of employees will increase by more than 150 people to about 500 by the end of 2012. "Lufthansa Technik Sofia" is the Bulgarian subsidiary of the world leader in aircraft maintenance and repair, Lufthansa Technik AG.
Eurofound (2011), Lufthansa Technik Sofia, Business expansion in Bulgaria, factsheet number 72463, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/72463.
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...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...
