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 Austrian Wiener Städtische insurance company and the British McArthurGlen corporation, Europe's leading designer outlet operator, plan to jointly build up Austria's second factory outlet centre at the airport centre Wals-Himmelreich close to the city of Salzburg by the end of 2007. Both companies involved announced to invest €100 million in total into the project. The plan is to set up more than 100 brand-name shops within this outlet centre, where only phase-out models, surplus products or defective goods may be offered at a rate of 30 to 70% below the regular prices. About 1,000 jobs are planned to be created. However, many small- and medium-sized garment retailers situated in the city of Salzburg are afraid that many customers will be enticed away from the inner city area by the future outlet centre.
Eurofound (2005), Wiener Städtische and McArthurGlen, Business expansion in Austria, factsheet number 62528, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/62528.
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...
