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.
Car manufacturer Škoda Auto, a wholly owned subsidiary of the Volkswagen Group, has announced the creation of 2,168 new jobs. According to latest media reports, the recruitment started in January 2011.
The main reason for the latest recruitment wave is that Skoda plans to launch several new models and double production by 2018. On 1 January 2011, the company had 23,558 employees earning on average CZK 32,000 (EUR 1,319.72 USD 1,895.29) per month. The record recruitment of 468 people occurred in July 2011.
Eurofound (2011), Škoda Auto, Business expansion in Czechia, factsheet number 72233, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/72233.
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...
