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.
The Chemical group Arkema has announced that it plans to close loss-making activities in France:
The group said that between 96 and 169 jobs will be lost at Saint-Auban in 2009.
The group also announced a reorganisation of its procurement division, planned for 2009-2010 with the aim of saving 35 millions euros annually.
Arkema was spun off from Total in 2006 and so now exists as a separate entity.
Eurofound (2008), Arkema, Internal restructuring in France, factsheet number 67528, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/67528.
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...
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