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.
The Cetih group has announced on the 22nd of May 2025, the liquidation of its subsidiary Koov, which specialises in energy renovation and photovoltaic panels with various activities such as carpentry, insulation, ventilation, heating, and solar solutions.
This decision will mark the closure of 106 jobs across the 9 agencies of the company, which are situated in: Vannes, Rennes, Quimper-Brest, Nantes, Cholet, Laval, Rouen, Orléans, et Clermont-Ferrand. The affected positions: agency managers, technical directors, technicians, installers, sales teams, sales administration department and customer advisors. Despite an active search for buyers, no offers have been successful. However, a partial takeover offer for two agencies is under consideration. Officially, the group is committed to supporting its employees in their job search.
Eurofound (2025), Koov, Bankruptcy in France, factsheet number 202816, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/202816.
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...
