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.
American secure smartphone manufacturer Turing Robotics Industries (TRI) is to move its manufacturing operations and its global headquarters to Salo, Finland resulting in up to 270 new jobs. Turing Robotics Industries CEO has stated that the company plans to produce 300.000 smartphones during 2016 and that 10-20 local staff will be hired for every 1000 phones produced, with a cap of 270 employees being hired according to the chief executive officer. The employment process will be finished before the end of May.
The ERM has previously reported on Finish communications cooperation Nokia's offshoring of 1000 jobs from Salo in 2012.
Eurofound (2016), Turing Robotics Industries, Business expansion in Finland, factsheet number 86637, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/86637.
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...
