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.
Liechtenstein company Oerlikon Balzers Coating, which specializes in surface coating of engineering products using plasma, will create over 100 new jobs in the industrial complex at Velka Ida, nearby Kosice. The positions to be filled are for qualified workers and engineers.
The opening ceremony of the new hall is planned in September 2015. According to the Oerlikon Balzers CEO, Bernd Fisher, the Company considered several localities but Velka Ida was the best solution for the company from several aspectssuch as proximity and availability of qualified work force. The company will continue with the investment in Velka Ida and plans a second stage of the project in 2017-2018. By 2018 it plans to provide surface coating for 25 million engine parts annually for the European market.
Eurofound (2015), Oerlicon Balzers Coating, Business expansion in Slovakia, factsheet number 83690, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/83690.
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...
