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.
South African laboratory Aspen has announced the creation of 100 new jobs by 2021 at its Notre-Dame-de-Bondeville plant thanks to a €65 million investment for the production of injectable anesthetic drugs. The new building will produce 48 million units of these drugs that were previously manufactured by its partner AstraZeneca in Sweden and Australia, Aspen said.
Aspen took over this site in 2014 from the British pharmaceutical company GSK, and had already invested nearly €60 million over the 2014-2018 period to modernise it. The site, which currently employs nearly 700 people, is specialised in the production of sterile injectable drugs, but until now has only manufactured products of the anticoagulant family. The factory exports 92% of its ouput.
Eurofound (2019), Aspen, Business expansion in France, factsheet number 98059, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/98059.
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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