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.
The Bulgarian MD Elektronik, owned by the German MD Elektronik manufacturer of data communication solutions for the automobile industry will hire up to 200 employees for its new plant in Vratsa, Bulgaria, by the end of 2021. The first 20 employees in Vratsa were hired in February 2020 and the total number of employees is planned to be between 300 and 500. The Bulgarian plant will produce data transmission cables and electronic components at first for the Volkswagen and Mercedes groups. The German MD Elektronik was established in 1974 and currently has subsidiaries in China, the Czech Republic and Mexico, with nearly 5,000 employees worldwide. The group is a supplier to all German automobile manufacturers.
Eurofound (2020), MD Elektronik, Business expansion in Bulgaria, factsheet number 100946, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/100946.
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...
The more employee monitoring resembles surveillance – with its systematic, continuous and detailed tracking of employees' activities, behaviours or communications – the greater the potential for infringement of both privacy and data protection rights. Although the EU General Data Protection...
Since 2013, Eurofound's ERM database on restructuring-related legislation has been documenting regulatory developments in the Member States of the European Union and Norway which are explicitly or implicitly linked to anticipating and managing change. The most recent update to the...
