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.
Aero Gearbox International (AGI) has announced that it will create 100 jobs at its new production facility in Ropczyce by the end of 2016; in total about 600 positions are expected to be created within five years. The company is currently looking for engineers, chemists, metallurgists, lathe operators and marketing specialists. Some of the employees will be trained in the UK. On first April 2016, the company laid the cornerstone for the plant which is expected to be operational in December 2016. The plant will have an area of m2 12,000 , with an estimated value of the investment at PLN 200 million (EUR 47.09 million, USD 53.64 million). The plant will be the sole supplier of gearboxes for the engines made by Rolls-Royce, including a new model of engine Trent 7000. AGI is a joint venture created by Rolls-Royce and Hispano-Suiza (Safran) in 2014.
Eurofound (2016), Aero Gearbox International, Business expansion in Poland, factsheet number 86963, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/86963.
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...
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...
