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.
Volvo is a well known Swedish producer of vehicles including trucks and cars. CEO Martin Lundstedt stated that while demand for trucks is significantly increasing in Europe, there is an excess of production in North America. According to the news, in the second quarter of 2016, Volvo delivered 52,670 trucks, compared with 55,613 in Q2 2015. Order intake dropped to 45,422 trucks from 49,551 in Q2 2015. Thus, Volvo plans to employ further 400-500 workers at its factory in Gothenburg, Sweden, reducing at the same time the number of employees in North America by around 300 persons.
Eurofound (2016), Volvo, Reshoring in Sweden, factsheet number 180, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/180.
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...
