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.
Ecco, a Danish footwear manufacturer, in 2020, decided to relocate shoe production in Denmark after offshoring its operations abroad 20 years before. Ecco has production at its own factories in China, Portugal, Slovakia, Indonesia, Thailand and Vietnam. In 2020, the company declared the aim to establish a fully automated test factory named Factory 2025 in Southern Jutland. Ecco's decision to open a factory in Denmark is primarily driven by the desire to enhance production flexibility. The project aims to enable the manufacturing of a greater variety of shoe models and colors simultaneously, without compromising efficiency. The objective is to be closer to the market, responding more rapidly and effectively to consumer demands. In the second half of 2020, Ecco also commissioned a new production facility in Vietnam.
Eurofound (2020), Ecco, Reshoring in Denmark, factsheet number 260, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/260.
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...
