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.
Paper manufacturer Zanders will cut 350 out of 700 jobs in Bergisch Gladbach, as reported on November 8th, 2011 in Handelsblatt. This is due to overcapacity in the European paper market and former huge losses.
In a former press release (October 18, 2011) Finnish mother company M-real announced plans to discontinue specialty paper and uncoated paper businesses in Gohrsmühle, while profitable Chromolux paper remains in production. Furthermore, there are negotiations to launch a customer service center in Gohrsmühle.
The restructuring of Zanders is part of M-Real group's European restructuring and divestment plan. In October and November 2011 the Finish paper and pulp manufacturer M-Real announced the closure of its plant in Alizay (330 employees) France and redundancies of up to 180 workers at its paper mill in Äänekoski, Finnland.
Eurofound (2011), Zanders, Internal restructuring in Germany, factsheet number 72725, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/72725.
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...
