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.
Sewing company Jonatex in Jonava announced its bankruptcy on 15 October 2008. All 172 employees of the company were dismissed on 30 October, 2008. The management of the company organised a special seminar for the dismissed employees, where they were consulted as well as informed on the labour market situation in the country.
Eurofound (2008), Jonatex, Bankruptcy in Lithuania, factsheet number 67962, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/67962.
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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