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.
ABB, a Swiss automation company, has opened a new high-tech campus with 1,000 new jobs in Eggelsberg, Austria. As the company site focusses on research and development of automation technologies, the created jobs will be high-tech jobs for highly skilled workers. The company has already invested EUR 100 millions in the expension of the company's site, which has acquiered from B&R, another tech company, two years ago. The new campus will provide various new research labs und training facilities with the capacity of 4,000 trainees each year. "With the new campus, the company site will have a total size of 100.000 square meters, becoming one of the biggest integrated centers of production, research and education in Central Europe" a company spokesman has stated. ABB has a total of 105,000 employees in 100 countries and a turnover of USD 28.9 billions (as of 2021).
Eurofound (2022), ABB, Business expansion in Austria, factsheet number 107166, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/107166.
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...
