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.
Zito Group from Cepin near the City of Osijek is building a new plant for preparation and packaging of meat products. The plant is expected to produce about 150,000 top-quality eco friendly ham and prosciutto. The plant will employ directly 100 people, of whom a dozen are food technologists who have completed training in Italy. Indirectly, through sale, distribution, transport, slaughter, cooperation and other activities another 250 people will find jobs. The plant is currently in test production of hams and final control of technological equipment. The Zito Group owns six pig farms, so it has all the necessary resources for the production of durable meat products of superior quality and controlled origin.
Updated, 27/11/2016; The owner of Zito Group, Marko Pipunic, has presented a new investment plan worth HRK 500 million (€66.74 million) to the PPDIV (Croatian Union of Employees in Food, Agriculture and Tobacco, and Water Management sectors), and its President, Simo Oreskovic. Zito revealed that the investment will be for its expansion and increased production, which will result in the creation of approximately 200 new jobs at the company and an additional 200 jobs in related firms and subcontractors. After the presentation, the PPDIV's representatives expressed their support for Zito's plans.
Eurofound (2016), Zito Group, Business expansion in Croatia, factsheet number 87398, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/87398.
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...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...
The more employee monitoring resembles surveillance – with its systematic, continuous and detailed tracking of employees' activities, behaviours or communications – the greater the potential for infringement of both privacy and data protection rights. Although the EU General Data Protection...
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...
