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.
Atlantic Group opened a new state-of-the-art factory for the production of sports food and energy bars in Nova Gradiška Industrial Park where 160 new workers will be employed.
Atlantic Group has officially started production in its new factory. The factory is worth HRK million 100 (EUR13.160 million) following investments into construction and equipment. This development was financed mainly through Atlantic Group's own funds, though also supported through a loan from the European Bank for Reconstruction and Development. Atlantic Group Chairman, Emil Tedeschi, is very proud of the fact that the factory was built in just ten months, for which he extends his gratitude to employees and partners for their hard work.
With its Multipower brand Atlantic Group is the leading European producer of sports food. The investment denotes continuing consolidation of production capacities, given that, as of today, the range of energy bars which were formerly manufactured at a third-party facility, are now produced in Atlantic's own factory. Over 99 percent of production in this facility is intended for export, primarily to Western European markets.
This new factory in Nova Gradiška signifies an added value for Atlantic Group portfolio in other segments of the company's operations as well, through the prospect of exchanging knowledge and expanding its assortment in cooperation with other business units related to food production. Modern nutrition trends steer food production increasingly towards the segment of healthy and functional meals, and with these new capacities, the proficiency of the system will be able to best meet those needs and nutritional habits of our fast lifestyle.
Eurofound (2015), Atlantic Grupa, Business expansion in Croatia, factsheet number 78785, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/78785.
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...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...
The more employee monitoring resembles surveillance – with its systematic, continuous and detailed tracking of employees' activities, behaviours or communications – the greater the potential for infringement of both privacy and data protection rights. Although the EU General Data Protection...
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...
