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 textile company Veba Broumov has announced that it will hire at least 100 new employees within the next two years. Recruitment has already started. According to the director of the company, a difficult period of losses, layoffs and downturn in production is slowly coming to an end. The company is now expanding its market beyond western countries. The textile factory focuses mainly on cotton brocade for the African market and textiles for Gulf countries. 5% of the company production is based in Czech Republic.
Eurofound (2016), Veba Broumov, Business expansion in Czechia, factsheet number 89373, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/89373.
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...
