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.
Ercé Médical, based in the West Industrial Zone in Veyziat, is a French manufacturer of medical products. In response to the COVID-19 pandemic, in 2022 the company shifted from importing Covid-19 test cassettes from China to producing them locally. Also, in collaboration with a French design firm, it developed an improved version of a frontal thermometer, enhancing its design and functionality. The company invested a total of 890,000 euros in both projects. This reshoring initiative was supported by the government's France Relance plan and the state’s financial assistance was equal to 533,962 euros. The company anticipates the creation of six new jobs and expects to achieve an annual production volume of 40,000 to 50,000 thermometers contributing to local economic growth and job creation.
Eurofound (2022), Ercé Médical, Reshoring in France, factsheet number 271, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/271.
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...
