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.
Manufacturing firm Doncasters Precision Castings has announced that it is to cut 225 jobs. The Droitwich-based firm, which manufactures nickel-cobalt turbine blades, has said that the job losses are necessary in order to cut costs, and has stressed that there are no plans to cease operations in the town. The statutory 45 day consultation process is reported to be underway, using the company's pre-existing joint consultative committee as the forum for discussions. A spokesperson for the company confirmed that a key aim of the consultation was to reduce the need for compulsory redundancies.
Eurofound (2018), Doncasters Precision Castings, Internal restructuring in United Kingdom, factsheet number 93186, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/93186.
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...
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