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.
German multinational engineering group Siemens has started recruiting 1,000 new employees to work in its new wind turbine blade manufacturing plant in Hull, East Yorkshire. The range of jobs will include factory, engineering, managerial and warehousing roles. Siemens, in collaboration with Hull City and East Riding Councils and Job Centre Plus, has published details about the jobs on the Green Port Hull website in order to give potential candidates the opportunity to undertake training or upskilling in advance of the selection process. While a small number of the jobs are currently being filled, the majority of positions will be filled later in 2015 and in 2016. The first large tranche of jobs will be filled later in 2015, where around 250 operative and team leader positions in the factory will be filled. In partnership with Associated British Ports, Siemens is investing £310 million in the Hull project. In addition to the 1,000 jobs directly created by Siemens, there will be more created in the supply chain.
Eurofound (2015), Siemens, Business expansion in United Kingdom, factsheet number 84009, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/84009.
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...
