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.
Mazeikiu nafta, the company specialized in oil refining, marine terminal operations and logistics refined products, is considering the possibility to reduce the number of employees by 20%. At present 2,900 people are employed in the company. According to management, the main cause for dismissal is the internal restructuring of the company. Mazeikiu nafta has already started to dismiss employees. Since the beginning of 2009 more than 40 people have to leave the company every month.
Eurofound (2009), Mazeikiu nafta, Internal restructuring in Lithuania, factsheet number 68524, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/68524.
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...
