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.
The Spanish ceramics company Lladro will implement and employment adjustment affecting 300 workers. In 2013 the company implemented a temporary working time reduction plan that affected 30% of the working time between 2014 and 2016. However, the plan has not been enough to allow to the company to recuperate its profitability. In 2014, sales reached €37.7 million compared to €43 million in 2013. Moreover, the company lost €4.4 million in the manufacturing sector, which will be the most affected by the dismissals. The intention of the company is to achieve an agreement with the trade unions on the dismissals and compensatory measures.
Eurofound (2016), Lladró, Internal restructuring in Spain, factsheet number 86122, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/86122.
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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