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.
On 15 April 2013 Prime Champ, a mushroom grower company was declared bankrupt. The firm employed 750 employees, mainly from Poland. Since the start of 2007, there was criticism from the unions on the working conditions. In January 2013, the managing director was charged by the Labour Inspectorate for exploitation of the employees. Following the bankruptcy, Prime Camp was acquired by the Irish firm Monaghan, saving 600 of the 750 jobs.
Eurofound (2013), Prime Champ, Bankruptcy in Netherlands, factsheet number 75330, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/75330.
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...
