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.
Dematic, the US-capital company which is one of the leading suppliers of integrated automated technology, software and services to optimise the supply chain, is to create 100 new jobs in its subsidiary in Kaunas in 2021. Dematic opened its engineering and consulting office in Kaunas in 2007 and it was slowly growing over the last decade. In 2020, despite the pandemic, Dematic Kaunas managed to grow by 56 employees. Currently the company in Kaunas employs 196 employees and has plans to hire additional 100 people by the end of 2021. The company will employ control specialists, mechanical engineers, software developers, managers and other profesionals.
Dematic is headquatered in the US; the company designs, builds and supports intelligent, automated solutions for manufacturing, warehouse and distribution environments. Dematic has 60 engineering centres in 25 countries, it manages manufacturing facilities in North America, Europe, China, and Australia. The company has more than 7,000 employees worldwide.
Eurofound (2021), Dematic Kaunas, Business expansion in Lithuania, factsheet number 103979, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/103979.
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...
