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.
Germany's automotive component production giant Continental is to create around 40-50 new jobs in its subsidiary in Kaunas by the end of 2021. After more than three years of operation in Lithuania, Automotive Continental Lithuania plans to increase production capacity in Kaunas and will start a new development project with an investment of more than €90 million. The company plans to create 500 new jobs and reach a total of 1,500 employees by 2025. Currently the company employs 326 employees.
Continental is a German multinational automotive parts manufacturing company that was founded in 1871. It offers solutions for vehicles, machines, traffic and transportation. The company employs around 241,000 employees worldwide.
Eurofound (2021), Continental Automotive Lithuania, Business expansion in Lithuania, factsheet number 103978, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/103978.
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...
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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...
