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 acquisition of the German shipping company Hamburg Süd by the Danish shipping company Maersk in spring 2018 will lead to the cut 131 of 1015 jobs in Hamburg. Maersk announced that Hamburg Süd will continue to operate on its own, however, costs will be reduced in the operative sector such as logistics and networks. Furthermore, management announced that there will be 19 new job openings. Details regarding these new vacancies have yet to be announced.
Hamburg Süd has 4,500 employees on land and 1,500 employees operating container ships, most of which work on the company's main route between Europe and South America.
Eurofound (2017), Hamburg Süd, Merger/Acquisition in Germany, factsheet number 92309, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/92309.
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...
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