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.
Vilniaus vandenys, the largest Lithuanian water supply company is to dismiss around 200 employees in Vilnius by 1 June, 2016. On 18 March 2016, Vilniaus vandenys announced that the company is undergoing restructuring and will reduce the number of employees from 945 to 745. The company has already handed out notices of dismissals to all 945 employees. According to the management, all employees will have to undergo the selection process and around 745 of them having the most relevant qualifications will be rehired.
Eurofound (2016), Vilniaus vandenys, Internal restructuring in Lithuania, factsheet number 86810, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/86810.
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...
