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.
Tatabánya-based Artesyn Hungary Electronics is a manufacturer of power supplies for hardware and telecommunications equipment producers. The company was established in 2001 by Artesyn Technologies Inc. Artesyn announced that it will be closing the Tatabanya, Hungary manufacturing facility, and intends to award its European manufacturing services work to Celestica Inc., a global electronics manufacturing services (EMS) provider. Most of the products currently being manufactured in Hungary will be transferred to Celestica's Romanian factory in Oradea. This transition is expected to be completed by the end of 2005. Savings in 2006 from this closure are estimated to be $6.0 million.
Eurofound (2005), Artesyn Hungary Electronics, Offshoring/Delocalisation in Hungary, factsheet number 62013, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/62013.
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...
