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.
Following debts due to SODRA (national social insurance fund) bankruptcy was announced at Girsa, a company engaged in cargo handling and storage and located in Klaipėda. In October 2005 Girsa fired 10 employees. The remaining employees (110) will be dismissed when bankruptcy management company Klaipedos administratoriu biuras will e done collecting all the required information.
Eurofound (2005), Girsa, Bankruptcy in Lithuania, factsheet number 62495, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/62495.
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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