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.
Japanese car parts firm, Takao Europe Manufacturing Ltd (TEM), which serves Honda and Toyota, will bring 100 jobs to Ebbw Vale where it is investing 3.2 million GBP to open a new plant. The firm is already recruiting workers. The firm has been awarded Welsh assembly government grants. Work that was currently outsourced to eastern Europe and Turkey will now be brought to Wales where the facility will specialise in producing small press work and welded assemblies. Enterprise minister Andrew Davies said: 'It is also a clear demonstration that our policies and partnerships with the private sector and our support for business are bringing tangible results.' TEM commercial director Nick Thomas said the new operation would trade as Takao Wales Division. He said they were already working with local engineering companies to support its tool-making.
Eurofound (2007), Takao Europe Manufacturing, Business expansion in United Kingdom, factsheet number 64850, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/64850.
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...
