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.
Boxmark Leather, a supplier of leather products for the automobile industry, will close its production unit in Murska Sobota and terminate the employment contracts with all 184 workers by the end of 2019. A slowdown in the automotive industry and outdated technological equipment are reasons for the closure. Boxmark Leather, owned by the Austrian firm Schmidt, has rented facilities in Murska Sobota since 2015 from the bankrupt garment manufacturer Mura. Management said that some redundant workers might get a job at their production site in Kidričevo, but decline more specific information about the number of persons to be re-employed.
Eurofound (2019), Boxmark Leather, Closure in Slovenia, factsheet number 99061, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/99061.
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...
