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 US-based fast food chain Burger King is continuing its expansion in Finland by opening at least six new restaurants across Finland during autumn 2018. According to the company, new restaurants are to open in Pirkkala, Hämeenlinna, Jämsä, Jyväskylä, Raisio and Järvenpää. Each restaurant will employ around 25-30 people.
The Finnish restaurant and hotel company Restel has a master franchising agreement with Burger King and manages the Burger King restaurants in Finland.
According to the company, Burger King will have almost 60 restaurants by the end of 2018 in Finland, and the company is planning to expand the business by ten new restaurants in 2019. In 2017, Burger King reportedly had some 1,000 employees in Finland.
ERM has previously reported on Burger King’s expansion in Finland in September 2017 and January 2017.
Eurofound (2018), Burger King, Business expansion in Finland, factsheet number 94793, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/94793.
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...
