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.
Manufacturing (29 - 30) Manufacture for transport equipment 30.9 - Manufacture of transport equipment n.e.c. 30.9 - Manufacture of transport equipment n.e.c.
No information on job gains number available
Announcement Date
16 July 2018
Employment effect (start)
1 July 2018
Foreseen end date
Description
Amps Electric Bikes is a British company producing electric bicycles under the brand name Wisper. In July 2018, it opened a new facility in the Kent county where it already had its administrative offices. It the new plant the company will assembly the high-end electric bikes it earlier imported from China. The decision to relocate the final production phase in UK is - at least partially - the consequence of the recent decision of European Union to collect duties from importers of e-bikes. However, the company also aimed to to improve the product quality and make the production more effective.
Eurofound (2018), Amps Electric Bikes , Reshoring in United Kingdom, factsheet number 9, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/9.
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...