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.
Retail chain Metro Cash & Carry announced its plan to cease all its operations in Denmark by the end of 2014. As reported, 400 jobs will be lost after the closure of three warehouses in Aalborg, Kolding and Copenhagen and its headquarters, while 300 jobs will be safeguarded due to a planned takeover of its two sites in Aarhus and Glostrup by Euro Cater. Acording to the sources, the reason for the closure is a decreasing position at the the Danish market due to a negative turnover. Updated, 28-11-2014: As reported, the previously announced takeover of the two warehouses in Aarhus and Glostrup by Euro Cater has been cancelled. 700 jobs will be lost after the withdrawal of Metro Cash & Carry in Denmark.
Eurofound (2014), Metro Cash & Carry, Closure in Denmark, factsheet number 77990, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/77990.
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...
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