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.
Arsenal Kazanlak, one of the largest military weapon and ammunition factories in the Balkans, has announced redundancies of around 900 employees. According to media reports, of those made redundant 600 are workers on temporary contracts and another 94 have reached the retirement age. The implementation of the cuts will start in mid-February.
Arsenal (Арсенал АД)) is a Bulgarian joint-stock company based in Kazanlak, engaged primarily in the manufacture of firearms and military equipment. Arsenal employs 6,600 people.
Eurofound (2012), Arsenal, Internal restructuring in Bulgaria, factsheet number 73049, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/73049.
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...
