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.
German electric utilities company Rheinisch-Westfälisches Elektrizitätswerk (RWE) will cut 500 positions in its electricity generation divisions by the end of 2015. According to the company the job reduction is due to an attempt to cut costs.
In 2013 RWE already announced job reduction plans affecting about 2,500 jobs in Germany, the United Kingdom and the Netherlands. Job cuts were justified with the declining electricity prices. An top of that, RWE has been facing low utilisation of its gas and coal power stations. According to RWE's CEO if electricity prices continue to decline, RWE will follow the example of its competitor E.ON and outsource its power plant division.
Eurofound (2015), RWE, Internal restructuring in Germany, factsheet number 85444, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/85444.
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...
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