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 commercial court of Antwerp announced the bankruptcy of the home entertainment retailer Free Record Shop. This results in the closure of 68 shops and the loss of 230 jobs.
As reported, the company is not financially sustainable and there is a possibility in the future that the retail chain will re-launch its operations with a fewer number of shops.
Eurofound (2013), Free Record Shop, Bankruptcy in Belgium, factsheet number 76191, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/76191.
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...
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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...
