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.
The French animation studio Mikros Image has announced that it will recruit 230 employees by December 2016 for its site in Levallois-Perret near Paris. This recruitment will occur within the framework of a global expansion, which will see the company hire an additional 110 employees in the UK and 250 in Canada. This expansion is related in part to the United States animation studio DreamWorks' decision to entrust Mikros with a contract to realise a 3D adaptation of the comic 'Captain Underpants'. MIkros also earned another important contract with M6, another large animation studio, and will start the realisation of a new 'Astérix' animated movie. According to Les Echos, management at DreamWorks studios was impressed by the technical competencies and financial competitiveness of Mikros Image, and that this helped them to secure the large contracts. The global expansion will see employment at Mikros Image nearly triple in the coming year.
Eurofound (2016), Mikros Image, Business expansion in France, factsheet number 87534, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/87534.
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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