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.
Postal and telecoms company Croatian Post (Hrvatska Posta), opened an ultra-modern sorting centre employing 1,400 workers. The centre is based in Velika Gorica, near the City of Zagreb. The company invested HRK 345 million (€47.1 million) in the sorting centre, the largest investment in the history of Croatian national mailing. The new centre is expected to contribute to the speed of postal services and overall quality of delivery. Within the complex, which covers approximately 35,000 m2 in total, the sorting room itself occupies 11,000 m2 and packages will be ejected at a rate of 15,000 pieces per hour. At first, 1,400 employees will work at Croatian Post's new Velika Gorica-based facility, and then that figure will gradually rise up to 1,800 employees.
With this centre, Croatian Post is positioning itself favourably on the national, regional, and even global scale, and foresees the possibility of cooperation with a giant like Amazon. This global retailer is reportedly considering to contract Croatian Post for some form of collaboration for shipping and logistics support on the Croatian market, and potentially on the entire regional market.
Eurofound (2019), Croatian Post (Hrvatska Posta), Business expansion in Croatia, factsheet number 98635, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/98635.
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...
