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.
IKB Deutsche Industriebank, a German financial service provider for small and medium enterprises, is reported to cut 200 out of 1,130 posts between 2012 and 2014. This is reported by the German Newspaper Handelsblatt.
Since 2007, when IKB was saved by public subsidies, the bank has cut about a quarter of all positions. The bank is now held by a private equity company Lone Star which aims at selling it.
Eurofound (2012), IKB Deutsche Industriebank, Internal restructuring in Germany, factsheet number 73059, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/73059.
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...
