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 manufacturer of plastic food boxes Tupperware has announced a closure project of its site of Joué-lès-Tours (Indre-et-Loire), which employs 235 people. The company expect to close the site in March 2018. The decision is related to 'a significant industrial overcapacity in its European manufacturing', according to the management. Surplus result from an improvement in productivity and a slowdown in its commercial activities in Central and Western Europe and particularly in France. Therefore, the company 'must optimise its industrial footprint in order to restore competitiveness and ensure growth', according to the company's statement. Tupperware has four manufacturing sites serving the European markets: in Belgium, Greece, Portugal and France. According to the management, Tupperware wants to lead by example by offering a reclassification to each employee and making every effort to find a buyer. The company's surplus of production, in Europe for 2017, is 35% and would be 45% if the French site continued its activities.
Eurofound (2017), Tupperware, Closure in France, factsheet number 92301, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/92301.
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...
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