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 the 25th of October 2011 Franco-Belge de Fabrication Fuel (FBFC), a manufacturer of fuel assemblies for nuclear reactors, has announced to cut 180 jobs. It notified its central European work council of the decision of closing the Dessel plant of the group. The closure will start in March 2012.
It is said that the closure is taking place due to a decrease in the demand of nuclear combustible.
The management has declared their willingness for constructive bargaining. The unions regret the way the announcement took place (French media knew about it a few days before the declaration) and are said to be surprise by the disregard for the "information step" as provided by the collective dismissal legislation.
Eurofound (2011), FBFC, Closure in Belgium, factsheet number 72679, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/72679.
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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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...
