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 Belgian Melexis Microelectronic Systems has opened its new factory in Sofia. The company has invested more than € 6 million so far and the total investment will reach € 30 million within the next three years. The investment plan comprises the following projects: construction of new production facilities, the Global customer services centre, development and training programme for the hired staff as well as development of some academic programmes at the Technical University in Sofia, L'Institut de la Francophonie pour l'Administration et la Gestion (IFAG) and the City University. The company has already hired 200 people and intends to double this number in the coming three years. Half of them are to be involved in the research and development. As Francois Chombar, the executive director of Melexis, said at the opening ceremony, the first innovations have been already presented. One of them is the unique infrared sensor for distance temperature measuring, which is used by McLaren Mercedes and Williams – both Formula 1 teams.
Eurofound (2006), Melexis Microelectronic Systems, Business expansion in Bulgaria, factsheet number 64144, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/64144.
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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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...
