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 Danish multinational manufacturer of pumps and compressors, Grundfos, has hired 200 new employees to the factory in Bjerringbro during the last months. The reason is lack of workforce in the Danish part of the production. This was not foreseen since during the last years Grundfos has invested great sums in automatisation. All 200 employees are Danish and they are employed on a fixed basis. Grundfos now employs 3900 persons at the factories in Bjerringbro, Aalestrup and Langå. Worldwide, Grundfos has 14,000 employees.
Eurofound (2006), Grundfos, Business expansion in Denmark, factsheet number 63941, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/63941.
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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