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.
Finnish tyre manufacturer Nokian Renkaat has announced up to 120 redundancies from its plant in Nokia. The company is starting mandatory negotiations with employee representatives on the cuts.
Nokian Renkaat is expanding its plant in Russia. As a result, the company is reorganising shifts in its Nokia plant and this will reduce work at the plant currently employing 550 persons. In the future, the Nokia plant will produce tyres mainly for the Nordic markets. Shift changes in Nokia will take place in July 2012.
Eurofound (2012), Nokian Renkaat, Offshoring/Delocalisation in Finland, factsheet number 73616, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/73616.
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...
