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.
Prista oil has opened its first auto-centre outside Bulgaria, in the Romanian town Krajova. In 2004, the firm together with other partners started a programme to build auto service stations. From the start of the programme in the mid 2004, 45 stations were built in Bulgaria, and some 400 new jobs were created. Another 45 stations are planned to be built in 2006, where another 400 new jobs will be created, told Mr.Stamen Ignatovskli, responsible for the programme implementation at Prista oil. With this €2 million investment, the aim is to build up a chain of lube change service stations, where a high quality of the services and products are guaranteed, told the company. This network of centres is also intended to be developed in Romania and Hungary. Prista oil, established in 1993, produces more than 150 motor oil products in its factories and exports in more than 15 countries.
Eurofound (2006), Prista Oil, Business expansion in Bulgaria, factsheet number 62750, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/62750.
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...
