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.
Soltec, a Spanish solar energy company, has submitted a comprehensive restructuring plan to Spain’s securities regulator (CNMV) in an effort to avoid entering insolvency proceedings. The plan entails the dismissal of 126 employees, the liquidation of inactive subsidiaries and the entry of the investment fund DVC Partners, which will inject €30 million via a capitalised loan.
Following a capital reduction and subsequent capital increase, DVC is set to acquire an 80% stake in Soltec, leading to near-total dilution of existing shareholders. The company aims to reduce its consolidated gross debt from €385 million to €255 million, while securing sufficient liquidity to continue executing its business plan. Additional measures include the establishment of a creditor success commission, new guarantees, and the appointment of a Chief Restructuring Officer to oversee the process and report regularly to stakeholders. These actions remain contingent upon judicial approval and the backing of shareholders at an Extraordinary General Meeting scheduled for 1 and 2 September.
Eurofound (2025), SOLTEC, Internal restructuring in Spain, factsheet number 203126, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/203126.
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...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...
The more employee monitoring resembles surveillance – with its systematic, continuous and detailed tracking of employees' activities, behaviours or communications – the greater the potential for infringement of both privacy and data protection rights. Although the EU General Data Protection...
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...
