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.
USK, specialised in installation engineering, announced the creation of 50 new jobs during the first half of 2016. As soon as these jobs are filled, the company's workforce will reach a threshold of more than 400 employees. According to the management, the company is hiring mechanical and electrical engineers, installation programmers, industrial mechanics and electronics technicians. Recruitment efforts are due to substantial incoming orders from the last quarter of 2015. To increase its attractiveness as employer, USK will increase wages and offer the possibility of flexible working time.
Headquartered in Limbach-Oberfrohna, USK currently employs 360 staff at two sites in Germany. The company mainly supplies the automotive industry.
Eurofound (2016), USK Karl Utz Sondermaschinen, Business expansion in Germany, factsheet number 86476, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/86476.
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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