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.
Beaulieu International group is restructuring its Technical Textiles unit in order to cope with decreasing demand. The establishment in Kruishoutem will be closed and all activities will be transferred to the group's establishment in Komen, 30km away. 130 employees will lose their jobs. The management of Beaulieu claims that all employees prepared to work in Komen will be offered a job. The trade union is denouncing this offer and describes the situation as a hidden restructuring.
Eurofound (2015), Beaulieu Technical Textiles, Closure in Belgium, factsheet number 85550, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/85550.
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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