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.
HMF, Højbjerg Maskin Fabrik, is a Danish manufacturer of cranes and other lifting equipment. The company plans to dismiss up to 60 employees due to an expected decline in orders in 2023. The decline is due to expected lower activity in the transport sector globally because of higher interest rates and risk of economic recession. HMF is expecting a ten percent lower demand and are therefore dismissing about 10 per cent of the staff. The company will cooperate with the local job centers to ensure that the dismissed workers are aided in finding new positions elsewhere.
Eurofound (2022), HMF Group, Internal restructuring in Denmark, factsheet number 108024, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/108024.
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...
