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.
In November 2010 Hyza Company will relocate its Žilina poultry production site to Topolčany, leading to the loss of approximately 200 employees. The remaining 50 employees will be transferred to the logistic unit in Žilina. The relocation is motivated by the desire to cut costs so that the company can compete against increasing imports of cheaper, lower quality foreign meat. Slovak poultry producers have been forced to both cut their prices and retain enough profits to be able to keep their quality of goods high and invest in technology. Hyza management has pledged to provide job counselling for dismissed employees
Eurofound (2010), Hyza, Relocation in Slovakia, factsheet number 70924, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/70924.
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...
