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 company DH Sport has announced it will open another factory in November 2005 (the second production unit in Romania) close to Deva (Vest region, Hunedoara county), set to manufacture 500,000 bicycles per year. The investment in the new production unit is in excess of €5 million, compared to the mere €1 million invested in the first factory. ‘Once the project in Deva is finalized, production capacity will increase by around 150%. The number of employees is also expected to double, to about 350 people’, declared the executive manager of DH Sport.
The company began manufacturing in 1999 and currently produces around 40 types of bicycles, 10 types of baby carriages and 5 models of sports roller skates. About 25% of the company output goes for export. Whereas in 2004 the turnover doubled, totalling €4.4 million, for 2005 the company forecasts an increase of only 50%, as a result of unfavourable weather conditions in Romania in 2005.
Eurofound (2005), DH Sport, Business expansion in Romania, factsheet number 62405, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/62405.
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...
