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.
Hotel Hilton Rijeka Costabella Beach Resort and Spa has opened on 1 July 2021 and employed 180 permanent employees. According to the hotel, the recruitment has started in February and has finished in May 2021. The hotel will additionally employ seasonal workers.
The hotel is located between the towns of Rijeka and Opatija, on Croatia's northern Adriatic coast. The hotel offers 132 rooms and 62 villas and suits. The resort also boasts six restaurants and bars, a 3,700m2 spa and health club, a private beach with mooring spots, a kids club, as well as four meeting rooms and outdoor spaces for meetings and events.
The hotel is invested by Czech-based JTH Holding and worth more than 105 million euros. It is one of the biggest investments in the Croatian tourism sector.
Hilton's EMEA Executive Vice President of EMEA area revealed that the company is planning to open 40 new Hilton facitilies in Europe in 2021, thanks to the lifted travelling restrictions and the gradual recovery from the pandemic.
Croatia's tourism is in a phase of recovery. Since the beginning of the year 2021, there have been about 2.7 million tourist arrivals. Tourism contributes some 20% of Croatia's GDP. In 2019, a record-high 20 million tourists visited the country.
Eurofound (2021), Hilton, Business expansion in Croatia, factsheet number 105017, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/105017.
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...
