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 taxi transport company Kovanen is hiring at least 100 new taxi drivers in Helsinki during autumn 2017. The company says the expansion is due to increasing demand that cannot be met with the current number of drivers. Kovanen continues with its established recruitment standard, where new employees are often hired from outside the sector.
Kovanen and two other Finnish taxi companies were bought by the Swedish Cabonline Group in June 2017, through which Cabonline became the largest taxi company on the Finnish market. Cabonline is expected to continue growing especially in 2018, as the new law deregulating taxi traffic will enter force.
Eurofound (2017), Kovanen, Business expansion in Finland, factsheet number 92183, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/92183.
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...
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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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