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.
German electric utilities company RWE has outlined plans to close the Aberthaw power station, located near Barry in the Vale of Glamorgan. The site is the last remaining coal-fired power station in Wales. The plant employs 117 people, whose jobs are all at risk.
Originally the closure was planned for 2021, but the company commented that market conditions have resulted in the date being moved forward. Union Unite has asked for a meeting with management to understand the reasons for anticipating the closure. Environmental group Friends of the Earth welcomed the announcement, arguing that energy production should be based on a green strategy in the future.
Eurofound (2019), RWE, Closure in United Kingdom, factsheet number 98249, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/98249.
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...
