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.
UTC Aerospace Systems, the supplier of aerospace and defence technologies, has announced the expansion plans of its Polish plant located in Tajęcina (close to Rzeszów and Krosno). 100 new positions will be created at the plant where different parts of undercarriage for 737 Boeings are manufactured. Soon the production of wheels for different types of Boeing will be launched there. This information was announced by representatives of Boeing Commercial Airplanes and UTC Aerospace Systems. Both companies declared to continue the development of their co-operation as they expect an increase in the number of orders in the following five years. The future co-operation is expected to lead to higher revenues and also new investments in the Polish units of both companies.
UTC Aerospace Systems was formed in 2012 by consolidation of two companies, Hamilton Sundstrand and Goodrich. The company is part of United Technologies Corporation (UTC), which employs about 10,000 people in units across Poland.
Eurofound (2015), UTC Aerospace Systems, Business expansion in Poland, factsheet number 83849, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/83849.
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...
