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.
Hellenic Petroleum, one of the leading energy groups in South Eastern Europe, is recruiting 170 employees at its refineries in Elefsina and Aspropyrgos (Attiki). According to media sources, the Administrative Board of Hellenic Petroleum decided at a meeting held on Thursday, January 21st to proceed with 170 recruitments over the next three years. According to most recent announcements (January 27th) the profiles sought are those of maintenance technicians, field technicians as well as electricians and operators.
Hellenic Petroleum is owned by Paneuropean Oil and Industrial Holdings S.A. (42.6%) and the Hellenic Republic Asset Development Fund (35.5%) with the remaining held by institutional (15,3%) and private investors (6,6%).
Eurofound (2016), Hellenic Petroleum, Business expansion in Greece, factsheet number 86335, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/86335.
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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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...
