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.
Retail Aldi Magyarország subsidiary of the German discount chain, will hire 100 new workers at several stores, while the launching of a new cold store at the firm’s Biatorbágy logistics centre in the autumn will generate 50 additional jobs. With the creation of new storage capacity, the firm almost doubles its cold store floor area in Hungary. The new positions will be for commercial, logistics and IT roles.
The firm increases its staff as a response to the expansion of turnover, even though the number of Aldi stores does not change. The firm cannot expand its operation in Hungary as fast as it would like, due to the 'Plaza-stop' ban on establishing new large commercial units.
Eurofound (2020), Aldi Magyarország, Business expansion in Hungary, factsheet number 101553, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/101553.
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...
