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 Elwo electrolytes factory (Fabryka Elektrolitów "Elwo") of Pszczyna, a member of the Rafaco corporate group, applied for bankruptcy in January 2009. Elwo has suffered financial exposure pursuant to leveraged foreign exchange options which it had contracted with four banks (Millenium, Fortis Bank, Pekao and ING Bank Śląski) before the recent fluctuations in the currency market. Its 400 workers stand to lose their jobs.
Eurofound (2009), Fabryka Elektrolitów, Bankruptcy in Poland, factsheet number 68227, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/68227.
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...
