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.
Home Credit, a non-banking consumer credit provider, has announced 2,000 job cuts in Russia and another 100 in the Czech Republic (by the end of November 2008) due to the financial crisis. As of November 2008 there is no further information as to when the job losses will be implemented by.
Home Credit is owned by the PPF international group and it operates in Byelorussia, the Czech Republic, China, Kazakhstan, Slovakia, Russia, Ukraine, and Vietnam.
Eurofound (2008), Home Credit, Internal restructuring in World, factsheet number 67482, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/67482.
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...
