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.
Kährs Norge was aquired from Norske Skog in 1999 by the Swedish Kährs group which later merged with Bauwerk and Marty to form flooring firm Nybron Flooring International (NFI). NFI consists of a head office and three business divisions; Bauwerk, Kährs and Marty. NFI’s head office is in St. Gallen in Switzerland and its legal domicile is also in St. Gallen in Switzerland. Kährs has 3 production facilities in Sweden and one in Brumunddal, Norway. The Brumunddal plant makes parquet and wooden floor. On the 19th of July 2007 the Board of Kährs announced that production in Brumunddal will come to an end. Production will be moved to Sweden and the machines will be moved to a new production facility in Romania. The manager of Kährs told the press that the reason behind this need for restructuring is because of competition from China and Eastern Europe. The firm's employees anticipated the outcome of the Board meeting, and 30 employees have already left the company. Nothing official has been said about a likely timeline of the employment effect, but statements to the press indicate that the plant will close soon. Trade unions have attempted to avoid the closing of the plant. Unions met with the Minister of Trade and Industry and engaged an independent consultant to write an alternative report which showed the potential for profit through continued production at Brumunddal.
Eurofound (2007), Kährs Norge, Offshoring/Delocalisation in Norway, factsheet number 65646, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/65646.
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...
