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 Automotive, an automotive supplier company, will hire 100 new employees by the end of 2012 for its test production site in Helvecia, Hungary. At the site Magna produces interior carpits, elements of luggage compartments and doors for Mercedes cars made in Kecskemét. The new investment was made possible with the state support in the framework of the New Széchenyi Plan.
Magna Automotive employs more than 111,000 people in 275 factories worldwide.
Eurofound (2012), Magna Automotive Hungary, Business expansion in Hungary, factsheet number 73585, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/73585.
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...
