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.
On 22 June 2007, the Fischer Advanced Composite Components (FACC) corporation, a leading company specialised in the development, design and manufacture of composite components and systems for civil aircraft, officially opened its new production facility for nacelles in Reichersberg, Upper Austria. The new facility, with an annual capacity of 70 million Euro turnover, was completed in April 2007, starting with some 110 employees. The company headquartered in Ried invested around 40 million Euro in the new plant and plans to continuously extend the production capacity in Reichersberg, reaching around 350 staff by 2010. The whole FACC group had a turnover of 182.5 million Euro in the business year 2006-7 and currently employs 1,280 workers in total.
Eurofound (2007), FACC, Business expansion in Austria, factsheet number 65517, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/65517.
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...
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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...
