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 Cruise operator Kristina Cruises has sold its vessel Kristina Katarina and announced redundancies of its 147 crew. As announced, the restructuring is due to financial difficulties.
Kristina Cruises started restructuring in November 2013 and ceased cruise operations. The company will continue to organise cruise holidays with ships by other owners. The ship Kristina Katarina was sold to an international business group with operations in Miami.
Eurofound (2014), Kristina Cruises, Internal restructuring in Finland, factsheet number 76441, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/76441.
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...
