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 Austrian-based manufacturer of wood-based materials, Fritz Egger, is to lay off 180 of its currently 5,700 employees throughout Europe. The traditional family enterprise Egger, which is headquartered in St. Johann in Tyrol, is one of Europe's leading producers of wood-based materials, such as wood-based panels and flooring products. The dismissals were announced on 20 February 2009 and justified by dramatically falling demand as a result of the current downturn in the real estate market and the construction industry. The business segments affected comprise both administration and production. Egger runs 16 plants in six European countries.
Eurofound (2009), Fritz Egger, Internal restructuring in European Union, factsheet number 68594, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/68594.
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...
