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 Powertrain, a subsidiary of Magna Holding, is to expand its production site in Lannach and will thereby hire 200 new employees. The international automotive supplier is to invest an additional EUR 30 million due to the receipt of four new bulk orders. While at the beginning of 2009, hundreds of employees had to work short-time due to the economic difficulties in the sector, the company ended 2010 with an increase in turnover and workforce. Magna Powertrain has 28 production sites, of which Lannach/Ilz is the biggest.
Eurofound (2011), Magna Powertrain, Business expansion in Austria, factsheet number 71499, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/71499.
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...
