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.
In April 2008, Emerson, an American automation technology company, inaugurated a new factory located in the Industrial Park Tetarom II in Cluj Napoca. The factory started production with 200 employees and the representatives of the company estimated that the number of employees will increase by 500 in 2009 and 2,000 in the next four year (by the end of 2011). EUR 120 million were invested in the new factory which will produce gas regulators for industrial and domestic use, electrical equipments for gas sector, and equipments for construction and electrical power generators.
Eurofound (2008), Emerson Romania, Business expansion in Romania, factsheet number 66519, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/66519.
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...
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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...
