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.
Pack Solutions, a French company managing savings and retirement portfolios for insurance companies, is hiring 50 new employees in 2024. Three-quarters of these new hires will join the management team, with the remainder in the IT department. This expansion comes in response to surpassing their sales target of 23 million euros a year ahead of schedule, creating a need for additional office space at their headquarters. The company is also exploring future investments in artificial intelligence.
Currently, Pack Solutions employs 420 people, primarily insurance managers, up from 310 employees just two years ago. The company also owns two subsidiaries, located in Luxembourg and Quebec.
Eurofound (2024), Pack Solutions, Business expansion in France, factsheet number 201868, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/201868.
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...
