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 5 June 2013, the pharmaceutical company Novo Nordisk has announced to recruit over 150 employees for its plant in Chartres (Eure-et-Loir). As announced the expansion plans are due to the high demand for increased production of diabetes medication. The Danish group is to recruit operators, technicians, engineers and pharmacists. Founded in 1961, the factory Novo Nordisk Chartres employed 49 employees in 1990. The total employment will be close to 900 by the end of 2014. The group has invested 20 million euro per year for ten years in its factory and has changed its working time organization to meet demand. For previously reported restructuring events referring to the group see Novo Nordisk2009 and Novo Nordisk2003.
Eurofound (2013), Novo Nordisk France, Business expansion in France, factsheet number 75495, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/75495.
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...
