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.
Magna Steyr, specialist in automotive engineering and vehicle assembly, is to increase its workforce by 1,200 employees at its production site in Graz by mid-2011. The automobile industry in Styria has picked up again and is recovering after major declines in sales and turnover as an effect of the global economic and financial crisis. The Magna's production site in Graz plans to increase the yearly vehicle production target from 100,000 to 130,000. Thereby, by mid-2011 the number of employees is to be increased from 5,300 to 6,500, as announced by Magna Europe's director Mr Hödl. He sees potential in the Russian and Asian markets.
Eurofound (2010), Magna Steyr, Business expansion in Austria, factsheet number 71314, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/71314.
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...
