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.
Glassbee, a Lithuanian-capital manufacturer of PVC and aluminium profile windows, is to create over 100 new jobs in Alytus in the next few years. The company plans to establish a new business centre Avilys in Alytus Industrial Park together with the support of the real estate project developer LINI group. Avilys will not only be a production complex for PVC and aluminium profile windows, doors, and modular houses but will also include relaxation areas for employees, as well as for the reception of customers and suppliers. The company plans to invest at least €10 million in the new centre.
Glassbee began its operations in Alytus in March 2020. Currently, it employs 22 people.
Eurofound (2021), Glassbee, Business expansion in Lithuania, factsheet number 106213, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/106213.
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...
