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.
Ikea, the Swedish multinational furniture and decoration retailer, has presented a business expansion plan for 2024 that will create 1,500 new jobs in Spain by 2025. For this purpose, Ikea is planning to invest around 300 million Euro in Spain, with the inauguration of 11 new selling points and 26 new delivery points located throughout the Spanish territory. The idea behind this plan is to ensure that any Spanish citizen may reach an Ikea contact point before 15 minutes-distance (either by foot, public transport or private car). Ikea reached last year a positive net profit in Spain of 148 million Euros, approximately a 68% more than previous year.
Previous factsheets on Ikea's operations in Spain have been recorded in the ERM database in 2020 Ikea-2020-ES and 2022 Ikea-2022-ES, with announced business expansion of 750 and 1,500 new jobs created, respectively.
Eurofound (2024), Ikea Ibérica, Business expansion in Spain, factsheet number 200844, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/200844.
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...
