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.
German NORD will construct an €8 million plant of shafts, gear wheels, and assembling moto reducers in the Kostrzyń-Słubice Special Economic Zone. Eventually employment will reach the level of 200 persons. Poland is already one of the most important clients of reducer engines of Getriebebau NORD, and thus most of the output will be designated for the Polish market.
Construction works at the site will be commenced in 2005, while the launch of production is scheduled for 2006. Initially the investor will construct a production facility of 6,000 m, which will employ 20 full-time employees. In the foreseeable future the company intends to expand the plant, which would enable to create additional 80 new jobs. Eventually the employment will increase to 200 persons.
Eurofound (2005), NORD Napędy Zakłady Produkcyjne, Business expansion in Poland, factsheet number 61715, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/61715.
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...
