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.
The Swedish manufacturer Volvo has announced an investment in Kraków, Poland, and a recruitment campaign for 120 positions. As part of Volvo's most recent objectives, prioritising innovation in software, it will open a large technology centre in Kraków, one of four in the world. The Volvo Cars Tech Hub will be launched by the end of 2023 and will be responsible for safety technologies, driver support algorithms and autonomous driving software. Employment in the centre is ultimately expected to rise to around 600 people by 2025.
The Volvo Car Corporation has so far operated three Tech Hub research and development centres: two in Sweden and one in India. The company also has large engineering centres in China and Sweden. Volvo aims to be an exclusively electric car manufacturer by the year 2030.
Eurofound (2023), Volvo Cars, Business expansion in Poland, factsheet number 108581, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/108581.
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...
