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.
Road Haulage company Searon Logistics has confirmed that it is to cease trading and that over 100 jobs will be lost with immediate effect. The company had initially stopped trading in July 2017, while administrators were appointed in early August. With no prospect of a sale of the business or the company being able to secure further investments, the decision has been taken to close the business. The company is headquartered in the port town of Felixstowe with depots in a number of other locations including Doncaster, Southampton and Peterborough. The downturn in business has been attributed to changes to the shipping market, with companies moving away from Felixstowe in preference for other UK ports.
Eurofound (2017), Searon Logistics, Bankruptcy in United Kingdom, factsheet number 91843, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/91843.
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...
