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.
According to the Lithuanian Labour Exchange (the country's employment office associated to the Ministry of Social Security and Labour), Kraitene, a manufacturer and distributor of ice cream and other frozen products in Lithuania, announced its bankruptcy on 2 March, 2006. The company employed 387 workers. The Local Labour Exchange provides assistance in finding new work places for dismissed workers and almost all of those loosing their jobs at Kraitene will be employed in other local companies under temporary labour contracts.
Eurofound (2006), Kraitene, Bankruptcy in Lithuania, factsheet number 63224, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/63224.
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...
