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.
Orkla Foods is closing its bakery in Lierne, dismissing 100 workers. Orkla Foods bought the bakery in 2011, which at the time had 125 employees. The production has gradually been downsized, and the remaining 100 employees had their working time cut to 50 percent in February 2014. Within one year, the bakery will be closed and the production of lefse (traditional Norwegian flatbread) will be moved to Stranda. All of the employees will be dismissed. The previous owner of the bakery calls the decision a tragedy for Lierne, a small town with 1400 inhabitants.
Eurofound (2014), Orkla Foods, Closure in Norway, factsheet number 77057, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/77057.
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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