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.
Colterm Timisoara, a provider of steam and hot water, announced to dismiss more than 100 employees. The redundancies will be implemented from March 2012.
The main reason for the dismissals invoked by the company is the decrease of the market demand by 10% as a result of households ‘disconnecting from the company network' and installing own thermal micro-centrals.
At present, the company has 1,075 employees.
Eurofound (2011), Colterm Timisoara, Internal restructuring in Romania, factsheet number 72906, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/72906.
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...
