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.
Estonian Air will close down the ground service unit and dismiss about 120 workers from the 1st of May 2009 to increase profitability. A specialized company will start rendering the service. Estonian Air will focus on their main activities to increase its competitiveness to cope with the situation of a decreased number of passengers. In later spring 2009, the company plans to buy three new airplanes to offer a more flexible air schedule, to develop existing markets and to open new routes.
Eurofound (2009), Estonian Air, Internal restructuring in Estonia, factsheet number 68481, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/68481.
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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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...
