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.
On 10 December 2010, the Commercial court of Le Havre announced the bankruptcy of Citron, a subsidiary of the Swiss group Citron which employs 110 people in France. The company specialises in recycling batteries, light sources, the residue from auto shredders and the ashes from incineration plants. All employees will be dismissed over the next days. According to the trade unions, the site may have a future and could be taken over by one of the big companies of this sector such as Veolia or Sita.
Eurofound (2010), Citron, Bankruptcy in France, factsheet number 71325, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/71325.
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...
