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.
In December 2015, German automotive components producer Kostal opened its second production facility in Smolyan, where 100 new jobs are expected to be created by the end of 2016.
The first Kostal facility opened in Bulgaria has been operational since 2011 and employs 750 people. Main customers are Volskwagen, Ford, FIAT, Bentley, Lamborghini, Porsche, BMW and Daimler.
Founded in 1912 in Germany, the Kostal Group has five main business divisions, namely automotive electrical systems, industrial electronics, connectors, test technology and solar electrics.
Eurofound (2016), KOSTAL Bulgaria, Business expansion in Bulgaria, factsheet number 86276, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/86276.
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...
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...
