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.
OVS is an Italian company focused on garments and apparel. According to the news, national and local politicians have activated a task force which aims to enhance the backshoring of Italian companies. OVS is the second largest company in the apparel sector that is planning to backshore, and the largest producing clothing for the mid-range segment of the market. So far, only high end segment companies have reshored. As the move has just been announced, numbers are not yet known in regards to actual implementation, the number of jobs created and destroyed and the company's key motivations. Further monitoring of the case is required in this regard.
Eurofound (2015), OVS, Reshoring in Italy, factsheet number 198, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/198.
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...
