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.
The French group Parisot has built a furniture factory in Târnăveni (Centru region, Mureş county) which is set to start manufacturing in October 2005. According to the mayor of Târnăveni, this is the first production module of two planned for this location. The production of the two new manufacturing plants is intended for sale on markets in France, Romania and other European countries. By the end of 2005, the factory will have 400 employees, a number which is expected to grow up to 1,500 workers by the end of 2006. According to the City Hall, the plant will be exempt from land tax until 2008. In the beginning of August 2005, the European Bank for Reconstruction and Development, EBRD, announced it would grant the Parisot group a loan of €18 million to finance a €40 million project. The project includes the construction of the two production units in Târnăveni, over a three-year period, and the modernisation of the Mobilux factory, which the French group already holds in Bucharest (Bucharest region).
Eurofound (2005), Parisot, Business expansion in Romania, factsheet number 62306, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/62306.
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...
