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.
The Austrian carrier Austrian Airlines (AUA), part of the German Lufthansa Group, is to hire 320 new employees in the upcoming year. According to newspaper reports, new staff is required for the operation of two new Airbus aircraft and to serve new long-distance destinations. Lufthansa is investing more than €100 million in AUA to establish it as a premium carrier. Recent rumours that AUA could be merged with the group's budget airline Eurowings were dismissed. Currently, AUA is employing 6,336 people.
Last year, AUA already hired 160 pilots and 400 flight attendants, as Eurofound reported previously (EF AUA 2016).
Eurofound (2017), Austrian Airlines, Business expansion in Austria, factsheet number 89714, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/89714.
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...
