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.
ICS-Industrial Cables Slovakia started the trial production in the new production unit in Slovakia in January 2007. ICS Company, which is a part of Austrian holding SKB, will produce special cables for different industrial branches. New investment in amount of €10 million will create 90 new jobs till the end of 2007. Another 60 new jobs would be created there in 2008, when the next production shop will be opened. Different sorts of standardized flexible cables used in machinery technologies and equipments as well as in the electrical industry will represent around 70% of the production. The rest of the products will be designed according to the demand of individual customers, e.g. for cranes, lifts. Highly sophisticated technology will be used in the new plant in which, however, no cables for the automotive industry will be produced.
It is assumed that in February also Fiber-Components-Slovakia Company, which is also a daughter company of SKB, will operate in the industrial park Nitra-Nord. Another 20 new jobs would be created there.
Eurofound (2007), ICS - Industrial Cables Slovakia, Business expansion in Slovakia, factsheet number 64729, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/64729.
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...
The more employee monitoring resembles surveillance – with its systematic, continuous and detailed tracking of employees' activities, behaviours or communications – the greater the potential for infringement of both privacy and data protection rights. Although the EU General Data Protection...
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...
