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.
Giesecke Devrient Mobile Security Slovakia, a subsidiary of a German firm Giesecke & Devrient is about to close its factory in Nitra. Redundancies take effect in April 2018 and will concern 370 employees. The company manufactures identity cards, payment cards, passports and SIM cards. The production will be finished in September 2018 and the company plans to end its activities in Slovakia by February 2019. The closure is related to the development of card production market worldwide which has forced the company to adjust to the increased level of competition.
Eurofound (2018), Giesecke Devrient Mobile Security Slovakia, Closure in Slovakia, factsheet number 93146, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/93146.
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...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
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...
