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.
5 to go, a Romanian company which offers coffee products at the ‘fair price’ of 5 RON (approx. €1) is to hire 450 new workers by the end of 2023. In 2022, the company opened 150 new cafes, reaching a market share of 55%. In addition, by the end of 2022, the company had a workforce of 1,050 employees.
For 2023, the company targets 30 new cities, seeking to strenghten its presence in its market segment. It also plans to list new products, developing the range of organic and vegan products as well as environmentally friendly variants. In addition, the company will focus on product innovation and on concepts and campaigns aimed at boosting its revenue.
The company representatives announced that the new directions are expected to have a positive impact on turnover, with an estimated €40 million at group level in 2023.
The company was established in 2015 by two Romanian entrepreneurs.
Eurofound (2023), 5 to go, Business expansion in Romania, factsheet number 108200, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/108200.
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...
