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.
Stomana Industry, part of the Greek owned VIOHALKO group, is building a new workshop investing between €40 and €45 million. The new factory will produce reinforced concrete and special steel and is expected to become the biggest producer of these goods in the Balkans. The new workshop will be equipped by the specialised Italian company, Danelli, and will feature furnaces and a rolling mill unique in Bulgaria. Production is expected to exceed BGN700 million per year, more than 50% of it for the domestic market. The Bulgarian Minister for Economics, Rumen Ovcharov, expects the need for imports of steel products to drop to BGN400 million as a result, which will improve the foreign trade balance of the country.
Eurofound (2006), Stomana Industry, Business expansion in Bulgaria, factsheet number 63121, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/63121.
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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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...
