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.
Plans to expand Durham Tees Valley Airport, a knock on effect of which will be to help create 2,000 jobs at the airport, have been approved by council chiefs. Currently one million passengers a year travel through Durham Tees Valley Airport, but plans have been unveiled to increase this to three million. People in nearby Long Newton believe roads would not cope with the extra traffic. But Darlington and Stockton councils have both approved the revamp. Hugh Lang, managing director at the airport, said a Low Newton interchange would be built to cope with extra traffic. He also said the revamp would create 2,000 airport jobs and an extra 1,000 'spin-off' jobs in the area because of the expansion and extra visitors. Work at the airport would not be completed until 2008.
Eurofound (2006), Durham Tees Valley Airport, Business expansion in United Kingdom, factsheet number 64624, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/64624.
Eurofound’s ERM restructuring legislation database offers an overview of key restructuring-related regulations in the EU Member States and Norway. Its content is continuously updated to reflect any changes made by national legislators in response to, for instance, policy shifts, legal...
Can Europe still achieve its ambitions for battery manufacturing? To answer this, the article looks at data from Eurofound’s European Restructuring Monitor and explores what recent large-scale restructuring events reveal about the state of play in the EU battery sector.
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...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...
