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.
Oxymat is a Danish company that produces PSA generators for the onsite production of oxygen and nitrogen gas. Jesper Sjögren, CEO of Oxymat, claims that the company has backshored the production from Slovakia to Denmark because of the higher creativity of Danish engineers. Moreover, the labour cost gap between Slovakia and Denmark has reduced during the years. Sjögren also claim that Oxymat can offer nitrogen plants that are smaller than those of the competition, which is a key feature on a ship, where space is limited. Moreover, the CEO aims to keep as many operations as possible in-house and bring outsourced products back to Oxymat. This way, the company can achieve full control of delivery times and quality. Oxymat is just one among 71 companies members of Dansk Metal (the Danish Union of metal workers) that, according to the annual survey of the Union, have backshored production to Denmark.
Eurofound (2015), Oxymat, Reshoring in Denmark, factsheet number 174, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/174.
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...
