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.
Jastrzębska Spółka Węglowa is recruiting up to 1,000 miners - a surprising move given the government programme for the mining industry. According to this programme, mother company Kompania Węglowa, should employ no more than a total of 6,400 workers by the end of 2006 in all its entities. However, actual employment exceeds this target by no less than 3,000 workers. The shifting of workers from unprofitable mines set to close to profitable ones has not been achieved as foreseen in the government's restructuring programme. For fear of invoking the wrath of the unions, Kompania Węglowa has so far refrained from shutting down any pits; accordingly, no job transfers have taken place. As a result, profitable mines are short of labour and given that transfers are not taking place, they are forced to hire new workers.
Jastrzębska Spółka Węglowa will hire 445 workers by the end of 2006, in addition to the 763 already recruited since the beginning of the year. The Ministry of the Economy has given permission for JSW to hire a total of 1,228 employees in 2006.
Eurofound (2006), Jastrzębska Spółka Węglowa, Business expansion in Poland, factsheet number 63184, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/63184.
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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