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.
CEZ Electro Bulgaria announced that 212 employees will be laid off to improve work efficiency and increase productivity. According to the trade union, the job cuts are due to the fact that the State Energy and Water Regulatory Commission (SEWRC) has authorized 10.5 million less for personnel costs.
CEZ Electro Bulgaria is a company, registered at Sofia City Court on August 29, 2006. The capital of the company is 50,000 BGN, 67% of which owned by CEZ a.s. (Czech Republic) and the remainder (33 %) by the State of Bulgaria. The company is the successor of electricity suppliers Electricity Distribution Stolichno, Electricity Distribution Sofia Oblast and Electricity Distribution Pleven.
Eurofound (2011), CEZ Electro Bulgaria, Internal restructuring in Bulgaria, factsheet number 72472, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/72472.
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...
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...
