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.
Carl Zeiss Vision, an innovative technology leader in the fields of optics, precision engineering and electronic visualization, is moving manufacturing of plastic lenses from its Eastern Hungarian site in Mátészalka to Mexico, announced the CEO of Carl Zeiss Hungary Kft. The reason behind the offshoring is cheaper workforce in Mexico; it will affect as many as 220 jobs at the Mátészalka unit. Manufacturing of multifocal lenses will remain at the Hungarian site and an investment of EUR800,000 is planned in order to start the production of progressive lenses, which will ensure employment for 30 employees. Negotiations with the workers council have been initiated and the dismissal of the 220 employees is expected to take place until may 2007. Currently 80% of the Hungarian site's income comes from the manufacturing of spectacle lenses.
Eurofound (2006), Carl Zeiss Vision, Offshoring/Delocalisation in Hungary, factsheet number 63908, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/63908.
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...
