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.
Wars, a passenger rail sector company delivering catering services, plans to employ up to 100 workers laid off by PKP Cargo for its Polish operations.
This initiative, part of an agreement between the two companies, will help those impacted by the layoffs, with job opportunities available in roles such as dispatchers, warehouse workers, and administrative staff.
Wars currently serves 20 high-speed Pendolino trains, and multiple restaurant and sleeping cars. The State Treasury holds a 49.98% stake, with the rest owned by PKP Intercity. The recent layoffs by PKP Cargo have been recorded in the ERM events database PKP Cargo-2024-PL.
Eurofound (2024), Wars, Business expansion in Poland, factsheet number 201470, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/201470.
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...
