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.
Due to Russia's embargo on Latvian fish produce, Liepaja fish cannery Kolumbija has decided to halt production. On 9 June 2015, Kolumbija, one of the largest fish processing companies in Latvia, announced that 225 out of 300 employees would be laid off as a result of Russia's embargo on Latvian fish produce. The company plans to retain a small number of workers to carry out specific orders. On 18 June 2015, the company informed media, that thanks to the Government's assistance to fish producers (tax holidays, credit guaranties and other assistance) only 50 workers had been laid off. Fifty workers continued working at the plant and the remaining 200 were on one month paid leave.
Eurofound (2015), Kolumbija, Internal restructuring in Latvia, factsheet number 84388, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/84388.
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...
