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 owner of the textile factory Rodopi JSC, Mr. Krassimir Trifonov, was selected ‘employer Number 1’ from the state Employment Agency. The nomination was made for his new factory in the town of Polski Trumbesh, where some 300 people were hired. The new factory is in full compliance with the European standards for working conditions and quality in this sphere. The choice was made among all the municipalities with more than 20% unemployment rate in the Lovech employment region of the Employment agency. ‘We are very satisfied with the new factory’, told the mayor of Polski Trumbesh Mr. Georgi Chakarov. ‘For such a small municipality as ours, where the unemployment rate is nearly 40%, this is very important’, he added. ‘The wages are high and all taxes and social security payments are made in time,’ said the mayor. The production is mainly intended to export. More than 55,000 blouses were exported in December 2005.
Eurofound (2006), Rodopi JSC, Business expansion in Bulgaria, factsheet number 62870, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/62870.
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...
