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.
German luxury vehicle manufacturer BMW has opened its Future Mobility Development Center (FMDC) in Sokolov, creating 100 new jobs.
The facility is the largest test centre that BMW has, and the largest in Europe, employing 100 people. As of now, there is no information as to when the recruitment will be concluded, however, the site is already being operated by the new employees. The facility will develop future BMW products and focus on automation and self-driving cars, which are now being tested at the centre. The primary focus of the FMDC is to advance autonomous driving capabilities, with the goal to improve the safety of driving.
Eurofound (2023), Future Mobility Development Center (FMDC), Business expansion in Czechia, factsheet number 109322, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/109322.
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...
