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 Chinese company A123 Systems headquartered in the United States is to create up 150 new jobs after opening a new plant for the production of starter lithium-ion batteries used in electric vehicles in the city of Ostrava. The firm has already recruited 20 people recently, by the end of 2017 there should be 50 and over the next three years the firm wants to have all the 150 employees. The investment is worth $ 13 million. According to the director, there is a lack of suitable skilled workers. The company has already begun to cooperate with the University and would find future employees among students. A123 Systems plans to produce over 600 thousand batteries per year. So far, the company operates its business only in China and the United States.
Eurofound (2017), A123 Systems, Business expansion in Czechia, factsheet number 90402, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/90402.
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...
