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.
Valve manufacturer, IMI CCI Critical Engineering (previously named CCI Valve Technology), has announced plans to offshore its production from Säffle in Sweden to Brno in the Czech Republic. The plant in Säffle currently has around 200 employees and negotiations with the concerned unions are underway. CCI's proposal would mean that 110 of these positions will be subject to direct dismissals as the plant in Säffle closes, while the around 80 employees working with administration, tenders etc. will be relocated to Karlstad, around 55 km north-east of Säffle. CEO Martin Valfridsson states that the relocalisation to Karlstad is in order to improve the company's ability to attract future talent, while the offshoring is due to high production costs in Sweden.
Eurofound (2016), IMI CCI Critical Enginering, Offshoring/Delocalisation in Sweden, factsheet number 88454, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/88454.
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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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...
