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.
Atlas Dynamics is a Latvian technological company creating top tier drone based solutions. The founder of the company explains that the company wants to move production from China to Latvia as he found it is difficult to work in China and tell Chinese workers what is wrong. The company plans to build a plant in Riga (Latvia) and gradually move production lines from China back to Latvia. This new plant will employ around 1,000 people. In 2017, 5,000 drones will be made in China while at least 40 drones will be made in Latvia monthly. The company is not sure it will be able to find enough skilled people to work in its factory as there seems to be a shortage of skilled employees in Latvia. People employed in the production plant in Latvia are currently coming from abroad.
Eurofound (2017), Atlas Dynamics, Reshoring in Latvia, factsheet number 99, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/99.
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...
