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.
Kleemann Hellas, a leading group in lift systems, dismissed 200 employees from its site in Kilkis due to the severe economic crisis affecting in particular Northern Greece. Kleemann Hellas was founded in 1983, based on the franchise of the German company Kleemann Hubtechnik. The company employees 1100 people and its head office is based in the Industrial Area of Kilkis in Northern Greece, while office locations and showrooms exist in Athens and Thessaloniki as well.
Kleemann's activities concern both the manufacturing and trading of complete lift systems. It is listed among the largest companies of the lift industry in the European and international markets (more than 12.000 new systems or 3 % of the world's new lift units annually). In Greece, the company holds a 70% market share of total units installed and 47% of total value.
Eurofound (2009), Kleemann Hellas, Internal restructuring in Greece, factsheet number 68579, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/68579.
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...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...
The more employee monitoring resembles surveillance – with its systematic, continuous and detailed tracking of employees' activities, behaviours or communications – the greater the potential for infringement of both privacy and data protection rights. Although the EU General Data Protection...
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...
