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.
eDreams ODIGEO is a Spanish company and one of the world’s largest online travel companies. The company was founded in 2000 and now it has five leading brands: Opodo, eDreams, Go Voyages, Travellink, and Liligo. In September 2016, the group of eDreams ODIGEO announced that it will move the headquarters of its Nordic operations under the brand Travelink from Stockholm (Denmark) to Barcelona (Spain).This decision aims to strengthen the brand image and improve customer satisfaction, but also increase competitiveness of the company. It is also reported that the company plans to outsource its customer service department in the Nordic countries, with an aim to transfer employees to the new company. In fact, the gross bookings in the Nordic countries and UK had decreased to EUR 393.10 million (USD 420.53 million) in June 2016, down from EUR 415.5 million that was registered a year earlier.
Eurofound (2017), eDreams ODIGEO, Reshoring in Spain, factsheet number 139, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/139.
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...
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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...
