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.
Ideal Standard Vidima, a Bulgarian group that produces sanitary reinforcement equipment for bathrooms and kitchens, is to create 200 jobs in Levski and Gorna Orijahovitza with the opening of two new sites at which sanitary fittings will be grinded and polished. The investment in the new sites is expected to come to about 400,000 BGN. The group’s executive director, Mr. Krassimir Kopchev, has stated that the firm has decided to invest outside the town in which their headquarters is based, Sevlievo, because of a lack of appropriately skilled workers in the area. The group has established that suitable workers exist in the regions in which the new sites are to be based, and will also provide training courses for the new employees.
Eurofound (2007), Ideal Standard Vidima, Business expansion in Bulgaria, factsheet number 65692, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/65692.
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...
