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.
Slovak Railway Casted Components (RCC) is to dismiss 200 employees at its factory in Prakovce. Due to crisis in Ukraine the firm has problems with selling its products, stated RCC Director General, Irina Mileva. Financial difficulties resulted in not paid wages for several months. The company might have to return the state subsidy worth EUR 10million, which was provided by the Slovak Government for supporting the creation of new jobs. The company management is looking for options to retain the remaining 150 employees and assist the dismissed employees in finding jobs in the mechanical engineering sector in Slovakia.
Eurofound (2015), Railway Casted Components, Internal restructuring in Slovakia, factsheet number 79163, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/79163.
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...
