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.
On 17 August 2018, German online fashion retailer Lesara opened its new logistics centre in Erfurt, which will result in the creation of 200 new jobs. According to management, 150 vacancies had been filled by the opening, making it their first day of work. Lesara is, however, still looking to find 50 more employees. The new centre costs €40 million and was funded with €10 million by the state of Thuringia.
As of August 2018, Lesara has 230 employees in Germany and 70 employees in China.
Eurofound (2018), Lesara, Business expansion in Germany, factsheet number 94814, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/94814.
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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