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.
TPCA Czech, a joint-venture of Toyota-Peugeot-Citroën, operating in Ovčary, industrial zone of the city Kolín since the end of 2004, has recently launched one of the biggest recruitment campaign in the Czech republic. The company intends to increase its current staff of about 1,800 employees by up to 500 people by the end of 2005, looking especially for manual workers. The project on the grass field with a total investment of 50 billion CZK, the planned annual production of 300,000 automobiles (one car every minute) and the final staff of 3,000 workers will further increase the importance of the Czech car industry that now employs about 100,000 people and generates one sixth of GDP and one fifth of the Czech export.
Eurofound (2005), Toyota Peugeot Citroen Automobile Czech (TPCA), Business expansion in Czechia, factsheet number 61535, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/61535.
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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