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.
Megatech Idustries, a producer of automotive components, announced that it will cut 139 jobs throughout a collective dismissal programme at its production unit in Tomaszów Mazowiecki, Poland, in 2020. Around 84 affected workers have already been dismissed. The programme is related to the Covid-19 pandemic and a drop in demand which has affected the automotive industry.
Megatech Industries was founded in 1889. Currently, the company employs has its production sites in Austria, Brazil, Czech Republic, France, Germany, India, Lichtenstein, Poland, Portugal and Spain. The company specializes in the production of car upholstery.
Eurofound (2020), Megatech Industries, Internal restructuring in Poland, factsheet number 101184, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/101184.
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...
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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...
