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 Commercial Court of Lyon has approved the takeover by the British Liberty House of the Saint-Jean Industries aluminium foundry at Ingrandes-sur-Vienne. At the same time, the Commercial court of Poitiers did the same with the cast iron foundry also at Ingrandes-sur-Vienne. Liberty House therefore became the owner of Saint-Jean Industries Poitou and the Fonderie du Poitou Fonte. The buyback is sheduled on 2 May. These decisions pave the way for an Employment safeguard plan which, if validated next week, should make it possible to safeguard 623 jobs out of the 732 permanent jobs at the two sites. For FP fonte, Liberty House proposes to take over 328 employees out of a current workforce of 401 employees, with 73 positions subject to a voluntary departure plan. For FP alu, 295 jobs out of the current 331 in the plant would be safeguarded.
Eurofound (2019), Fonderie du Poitou Fonte, Merger/Acquisition in France, factsheet number 97622, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/97622.
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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