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.
Latvijas Finieris, one of the biggest Latvian wood processing companies, which exports its production to more than 40 countries in the world, intends to build a new wood processing factory in Lithuania. The factory will start its work at the beginning of 2008 in Ukmergė. According to the administration, 100 new workers will be employed in it. Latvijas Finieris has already established its subsidiary in Lithuania Latvijas Finieris Mikas, which will help to organise all the work in the new factory. The main role of Latvijas Finieris Mikas in Lithuania is to provide wood for Latvijas Finieris factories. In all the Latvian company ownes 8 subsidiaries in Europe, USA and Japan.
Eurofound (2006), Latvijas Finieris, Business expansion in Lithuania, factsheet number 64043, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/64043.
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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