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.
Nitrogen products and fertiliser manufacturer Yara has announced the conversion of its Montoir-de-Bretagne (Loire Atlantique) production site into a warehousing site, with the loss of 139 jobs out of a total of 171. Fertiliser production is due to cease definitively within six months. The world leader in the production and distribution of mineral fertilisers is citing a drop in sales to justify its decision.
The plant, classified as a Seveso high threshold facility, has been criticised on several occasions for non-compliance with environmental standards. In June 2023, Yara was ordered to pay a fine of €519,900 for discharging too much dust into the atmosphere from its Montoir-de-Bretagne plant.
Eurofound (2023), Yara France, Internal restructuring in France, factsheet number 200487, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/200487.
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...
