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 German holiday and travel company TUI has announced it will create 175 new jobs at its call centre in Swansea. The company currently employs 280 people at the site, having expanded since its opening in 2015 with a staff of 48. The jobs will be supported by a grant of 525,000 GBP (€597,545 as per January 2018) from the Welsh Government's business grant scheme.
A spokesperson for the Welsh Government commented that the news of the new jobs was a significant indication of the quality of the local labour force. It is not known when the new jobs will be filled, though it has been reported that the recruitment process is underway.
Eurofound (2018), TUI, Business expansion in United Kingdom, factsheet number 93074, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/93074.
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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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...
