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.
Lasita Maja AS, one of the biggest manufacturer of wooden cabins (sheds, summerhouses, saunas, pavilions etc.) in Estonia is expanding its production volume by building a new factory and employing 50 new employees in addition to their current 250 employees in Southern-Estonia. The expansion gives an opportunity to increase their export volume to Europe, mostly to Great Britain and Italy.
The chairman of the board of the company stated that the expansion of the company is not only an investment to the capability of the company but also an investment to the development of Estonian wood products industry and export capability. Wood products are important export articles in Estonia and Lasita Maja exports nearly 98% of its production.
Eurofound (2016), Lasita Maja AS, Business expansion in Estonia, factsheet number 88730, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/88730.
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...
