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.
Société de Véhicules Automobiles de Batilly (Sovab), a subsidiary of the Renault group, announced that it will recruit 400 employees at its plant in Batilly (Meurthe-et-Moselle) specialised in the manufacturing of utility vehicles. The plant has already recruited 108 employees in May 2016 but needs to increase its workforce by an additional 400 recruits on short-term employment contracts with a length of 6 to 12 months, in order to manage increasing production volumes its "Master" utility vehicle. Sovab has offered permanent positions to a number of its temporary workers during the last wave of recruitment, and is now seeking for employees on the labour market with the support of the pubic employment service (Pôle emploi). No specific qualifications are required. All new employees will receive 4 weeks of training. In April 2012, Sovab announced that it would reduce its production from 500 to 422 vehicles with the cut of 313 temporary contracts out of a total of 440.
Eurofound (2016), Société de Véhicules Automobiles de Batilly, Business expansion in France, factsheet number 88156, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/88156.
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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