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.
German FTE Automotive Group, a worldwide market leader in brake and clutch systems, is to build a new plant in Podbořany, located in the Czech region with the highest unemployment rate. The company wants to invest over one billion CZK. At full production capacity, the plant should create 588 jobs by 2009. The new created Czech subsidiary FTE automotive Czechia has already initiated an advertising campaign, looking especially for lathe operators, mechanics, skilled machine tool workers but also for high-qualified engineers.
Eurofound (2005), FTE Automotive, Business expansion in Czechia, factsheet number 62616, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/62616.
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...
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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...
