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.
The Danish construction group, Pihl & Søn, employing 2,400 persons at global level, announced that due to insolvency the company has had to file a petition for liquidation proceedings. Initially 800-900 jobs were supposed to be lost in Denmark. A new estimation followed due to the sale of a subsidiary company bringing down the figure to 600-700 redundancies in Denmark. Pihl & Søn was an important actor in public-private projects in Denmark.
Eurofound (2013), Pihl & Søn, Bankruptcy in Denmark, factsheet number 75809, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/75809.
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...
