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.
Lithuania's state-controlled shipping company Lietuvos Juru Laivininkyste will dismiss 182 employees in Klaipeda by 22 January 2016. The main cause of the dismissals is the bankruptcy of the company that was announced by the Department of Enterprise Bankruptcy Management under the Ministry of Economy of the Republic of Lithuania on 29 December 2015. The company is currently undergoing bankruptcy procedures and has already handed out layoff notices to all 182 employees. According to the management, a part of the laid off employees will be offered to return to work to ensure that the ships are secure and properly maintained. The decision on how many people will be rehired will be taken by the bankruptcy administrator.
Eurofound (2016), Lietuvos Juru Laivininkyste, Bankruptcy in Lithuania, factsheet number 86130, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/86130.
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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